Here’s a new study released by the FreedomWorks Foundation regarding yet another Hollywood lawsuit — this time against RealNetworks. FreedomWorks Chief Economist Dr. Wayne T. Brough argues that “the lawsuit will do little to achieve its stated goal of curbing DVD piracy and protecting intellectual property since the RealDVD product does not permit users the ability to burn movies onto a disc or load movies onto the web. Instead, the lawsuit, if it wins, would not only ban RealDVD, but set a dangerous precedent in hampering competition and technological innovation in one of the most dynamic sectors of the economy.”
This seems to me to be a continuation of Hollywood’s efforts to maintain its old business models in a new era, but if I am missing something I’d love to hear about it.