"The Internet is in its infancy. Electronic information still travels along copper wires left over from the industrial revolution, but the information age is about to hit puberty. Fiber optic cables are sprouting in unexpected places. The piracy and chaos we are collectively experiencing is growing pains."
"For a few awkward years, the situation is only going to get worse. But soon enough the labels, studios and every other paranoid media owner will have to stop acting like petulant teenagers. The time has come to address piracy with some real, sustainable solutions that consumers will support. The time has come for the entertainment industry to grow up."
Visit TorrentFreak for the full article which includes all three Acts:
Also, Matt's book, “The Pirate’s Dilemma: How Youth Culture Is Reinventing Capitalism” has been released through Free Press.
- ACT I: THE SET-UP - Current system is shot to hell. Heads buried firmly in sand.
- ACT II: CONFRONTATION - Licenses replace sales. Labels accept reality, or die.
- ACT III: RESOLUTION - A viable entertainment industry unfolds. New revenue streams spring forth.
Source: Full Article @ TorrentFreak