Word: hollywoodism
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...movie is there for the viewing--along with enough other dollar-a-picture titles (Batman, The Godfather, Apocalypse Now) to fill a medium-size Blockbuster. Though the quality is beyond awful--unwatchable might be a better description--the site is the best indication yet of how close Hollywood is to getting truly burned by the Internet...
...says movie88.com, which offers streaming video of recent and classic Hollywood movies for about $1, is his brainchild. He's the Chief Technology Officer of Eternity Italy Limited, a "virtual company" registered in the Virgin Islands to avoid paying taxes. "It is not like a traditional business," says Tan. "We don't have an office and an address. As long as we have people and computers...
...their site to jumpstart Internet broadcasting. "The main reason this content is held back is because of profit," explains Tan. "Someone has to do something; we're not going to wait. We had to start the ball rolling. I believe (movie88.com) is a good stepping-stone. We can force Hollywood and the movies studios and TV stations to do something (about putting more content...
...Through the website that handles Movie88's credit-card transactions, TIME was able to track down a man who calls himself S.E. Tan, who claims to have started the site to force Hollywood to distribute movies worldwide via the Net. "The main reason this content is held back is because of profit," says Tan. Hollywood's desire to protect movies from hackers is why Britney Spears' new opus, for example, isn't online today. Greed, he says, is standing in the way of progress. "Someone has to do something. We had to start the ball rolling...
...biggest threat to Hollywood may not come from the geeks but from so-called personal video recorders. Like its competitor TiVo, which has sold some 400,000 units to date, the newer Replay which has sold only 5,000, gives owners an easy, menu-driven way to search for shows to record onto its hard drive. The reason Sonicblue got sued is that the new Replay 4000, which hit the market in late November and sold out before Christmas, automatically fast-forwards shows past commercials and lets broadband users send them to friends over the Internet. (TiVos do not offer...