Friday, December 02, 2005

Heinlein quote

"There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary to public interest. This strange doctrine is not supported by statute or common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back."

Instapundit was talking about the death of newspapers, but it applies equally well to Hollywood and the music labels. Profit from selling plastic disks isn't a fundamental right. Technology has made distribution of information value-less, those industries must adapt -- read, find a way to add value to the consumer on the consumer's terms -- or perish.

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