alfabytes

Hollywood drops support for Obama for siding with Silicon Valley

Hollywood drops its support for Obama? Maybe they need to update their business models like when the movies went to home projectors and then to televisions, then to video cassette tapes, optical discs, and now digital stream/downloads.

It’s technology. Adapt and make money off of it, or attack and be hated, reviled, and abandoned by the consumers.

These Hollywood big guns keep making boatloads of cash off every new technology that they decry, it’s almost like putting on a show for nothing.

Piracy is about access. Look at how the video game industry transformed itself with online multiplayer games. Video game networks like Blizzard’s Battle.net, Microsoft’s XBox Live, and Sony’s PSN are doing well fending off pirates by limiting access to only legitimate members.

Look at how the music industry is being converted into digital. Not fast enough to make money? It’s only been just over a decade since consumers began to embrace digital downloads and less than a decade since iTunes Music Store debuted. iTunes makes it really easy for people to acquire music legally. Spotify and Rdio are doing the same thing for streaming services.

Content business is going digital and Hollywood should have been working with Silicon Valley on how to make money off of that instead of attacking those who take advantage of their lack of foresight. On that note, how would you transform entertainment?