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Gagglescape tracks the flow of venture capital and angel investment in a global economy.
iSummit Live Blog - Copyright Conundrum
Following on the music industry's question from this morning, this panel is about copyright in the digital world. The Sony "spyware" fiasco is the elephant in the room of this discussion. The panelists are: Moderator, Jim Griffin; Michael Geist; Susan Peacock; Marcus Bornfreund; Jake Gold. Will there be a clash of ideologies? Notable moments: Jake Gold said Susan Peacock's intro position on digital sharing's impact on the industry was "Guff." "People will support producers of quality stuff." "Copyright has become everybody's interest." There is a clash of ideologies between the view that appropriating music is the equivalent of going into a store and stealing a dress. The counter argument is that musicians are benefiting because more bands are being given access to the consumer market. WHat the dress argument doesn't respond to is the thousands of dress manufacturers who rip off the Paris houses with impunity. "Should the law codify old business models [that no longer work]? JG Update By far the most surprising spokesperson is Jake Gold of the Management Trust. he argues that the digital realm is much like the old style Music Clubs where members got four CDs for ten cents. The up side to performers was that more people attended their concerts. The EFF makes the same argument. One new business model is "www.burnlounge.com????" that is like a pyramid scheme where people get a percentage of sales down a chain of potential distributors. Interesting model.
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Posted by the editor on 03/30
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