When fear blinds

31 Dec

Here is an interesting passage from a Bloomberg Businessweek story about Hollywood’s battle with online piracy. It’s the kind of thing we’re used to reading. If only we could apply the lessons learned to the present.

The magazine said:

The late Jack Valenti, president of the Motion Picture Association of America, warned the [congressional] committee, “The VCR is to the American film producer and the American public as the Boston Strangler is to the woman home alone.”

Home video is now Hollywood’s most profitable business.”

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