Word: sharing
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Dates: during 2010-2019
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Today the film and recording industries maintain an iron grip over distribution of their intellectual property through megaplexes and national retailers such as Best Buy, Tower Records and Walmart. These bricks-and-mortar distribution channels take a share of the profit, but they provide a steady and predictable stream of revenue. (See pictures of vintage computers...
Consider that the MPAA, whose members include Disney and Universal, attacked the VCR in congressional hearings in the 1980s with a Darth Vader-like zeal, predicting box-office receipts would collapse if consumers were allowed to freely share and copy VHS tapes of Hollywood movies. A decade later, the MPAA fought to block the DVD revolution, mainly because digital media could be copied and distributed even more easily than videocassettes...
...MPAA declined to comment specifically on the Cisco breakthrough but said it supports technological innovation. Meanwhile, both the MPAA and the RIAA continue to fight emerging technologies like peer-to-peer file sharing with costly court battles rather than figuring out how to appeal to the next generation of movie enthusiasts and still make a buck. These younger consumers prefer to shop for movies online, watch them at their leisure on mobile devices and desktops and share them with friends. The studios and music labels have to figure out how to fit into that lifestyle, or else risk becoming obsolete...
...course, they don't see it that way. I've taken my share of barbs from Richman, who considers me something of a boob, albeit a likable one. But I'm not offended, because he pretty much takes it for granted that the current crop of food writers, at least the online ones, are a cacophony of dazzled novices, opining confidently in an intellectual vacuum. And he's not wrong. There are no more authority figures anymore. Sokolov, for his part, regrets the passing of "thorough, objective, anonymous reviewing." That criticism, he tells TIME, is "increasingly relevant as the scale...
...economic growth for China, the world's largest exporter, and the government is wary of any sort of collapse that could contribute to unemployment. Efforts to boost exports, including the currency peg, helped Chinese manufacturers weather the worst of the global downturn last year and grab more market share from some competitors. Last month, Chinese exports grew 45.7% over February 2009, up from a 21% increase for January...