Open Letter: Digital Transition Content Security Act
Digital Transition Content Security Act
History has repeatedly shown that everybody wins when laws and technology make media more, not less, accessible to consumers. When compulsory licensing was put in place forcing all record labels to license their music for playback on radio, consumers lives were enriched immeasurably and content providers and consumer electronics companies reaped great profits. The same was true for all involved when the Courts legalized the VCR and later the portable MP3 player.I've lost count of the number of times technology has saved Big Content from themselves (and their IP lawyers), but the CEO of Neuros Technology is exactly right. Neuros may or may not become a huge, successful company (if their technology isn't summarily outlawed), but Big Content stands to unlock billions of dollars of new revenue by making their content more network-friendly (and thus more customer-friendly).
We believe that preserving the ability for companies like ours to develop the entertainment technologies of tomorrow is as much in the long-term best interests of Hollywood as it is for consumers, the American economy, and our own company. Although such a strategic view of the future has never been embraced by Big Media, history has shown that if they are once again unsuccessful in holding back the tide of advancing technology, they will once again be the beneficiaries of their own failure.