Mitch Ratcliffe: The problem is that the media industry is not adapting to changing market conditions, not that illegal copying is destroying the industry.
This is something I’ve been saying for a long time. Sure, there needs to be criminal penalties in order to discourage copyright infringement but if one’s livelihood depends on a business model working then one needs to adapt there business model to current market demands. What we are seeing now is an industry resisting adapting to new technologies and wanting Washington to legislate their business model back into a profitable model. That wasn’t what IP laws were written to accomplish in the first place.
Oh, and don’t think that these laws are being passed just because our legislators believe this is the right thing to do. Influence appears to be being purchased in this areana.