January 31, 2005 | By Donna Wentworth

Enough Already with the Crocodile Tears

Ed Felten today asks Hollywood to quit shedding crocodile tears over profits "lost" to Internet-enabled piracy -- at least while it continues to make more money than ever, while denying movie stars (the "artist") a more sizable cut:

[Surging profits] undercut the industry's rent-seeking in Washington, which relies on a narrative in which technology destroys the industry's revenue stream. If the technology problem is really as bad as the industry says, then it ought to show up in the sales numbers. [...]

It may turn out that the net effect of technology on the industry is neutral, or even positive. If so, then no expansion of copyright law is needed, and a mild contraction may even be in order. Remember, the goal of copyright is not to maximize the profits of any one industry, but to foster creativity by regulating just enough to ensure an adequate incentive to create.

For more on this very topic, check out the comments [PDF] EFF filed with the FCC earlier this month. It provides a number of instances to demonstrate that, despite the shrill rhetoric to the contrary, the entertainment industry's sky is far from falling.


Deeplinks Topics

Stay in Touch

NSA Spying

EFF is leading the fight against the NSA's illegal mass surveillance program. Learn more about what the program is, how it works, and what you can do.

Follow EFF

DRM shouldn't take away rights copyright was never intended to restrict. https://www.eff.org/deeplinks...

May 5 @ 1:52pm

You shouldn’t have to waive your rights just to get online. https://www.eff.org/deeplinks...

May 5 @ 1:39pm

Help us tally takedowns of inmate social media accounts. Report prison censorship to onlinecensorship.org https://www.eff.org/deeplinks...

May 5 @ 1:04pm
JavaScript license information