Quote:
<font face="Verdana, Arial" size="2">Consumers would pay less for more entertainment.
Artists would be fairly compensated. The set of artists who made their creations available to the world at large – and consequently the range of entertainment products available to consumers – would increase.
Musicians would be less dependent on record companies, and filmmakers would be less dependent on studios, for the distribution of their creations.
Both consumers and artists would enjoy greater freedom to modify and redistribute audio and video recordings. Although the prices of consumer electronic equipment and broadband access would increase somewhat, demand for them would rise, thus benefiting the suppliers of those goods and services. Finally, society at large would benefit from a sharp reduction in litigation and other transaction costs.</font>
Artists would be fairly compensated. The set of artists who made their creations available to the world at large – and consequently the range of entertainment products available to consumers – would increase.
Musicians would be less dependent on record companies, and filmmakers would be less dependent on studios, for the distribution of their creations.
Both consumers and artists would enjoy greater freedom to modify and redistribute audio and video recordings. Although the prices of consumer electronic equipment and broadband access would increase somewhat, demand for them would rise, thus benefiting the suppliers of those goods and services. Finally, society at large would benefit from a sharp reduction in litigation and other transaction costs.</font>
Sounds too good to be true?
http://www.theregister.co.uk/content/6/35260.html
Quote:
<font face="Verdana, Arial" size="2">The simple idea is very powerful. Fisher identifies four constituencies necessary to accept the model: consumers, artists, device manufacturers and finally the intermediaries: the studios and labels. The model has huge advantages for three of the four. And what incentives, we asked, would the labels and studios have?
After hearing his presentations, Fisher says industry is intrigued but hardly feels impelled to jump. The biggest 'carrot' is that it would see its revenues guaranteed at 2000 levels. If it believes its own rhetoric, that could be a very powerful incentive indeed.</font>
After hearing his presentations, Fisher says industry is intrigued but hardly feels impelled to jump. The biggest 'carrot' is that it would see its revenues guaranteed at 2000 levels. If it believes its own rhetoric, that could be a very powerful incentive indeed.</font>
