Fred Wilson: Content owners, don’t fear the future
... In a perfect world, Wilson said he’d like to see a system similar to a DNS registry in which content owners would register their content and make it available with rules in exchange for copyright enforcement. That’s the fair compensation for society already enforcing the rights of copyright holders, he said.
“If we have rules for TV, films, music, books, games we’d see an explosion of innovation. All sorts of services and business models could get created,” he said.
If the media companies don’t adapt, tech companies and entrepreneurs are showing an increasingly willingness to create their own content. Wilson pointed to the original programing YouTube is commissioning. He said that could be where the next big media hit is. ...
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