MPAA chairman Chris Dodd threatens to cut funding to US politicians over SOPA failure
“Those who count on quote ‘Hollywood’ for support need to understand that this industry is watching very carefully who’s going to stand up for them when their job is at stake. Don’t ask me to write a check for you when you think your job is at risk and then don’t pay any attention to me when my job is at stake,”
This is an incredible statement from a former Senator who is chairman of the MPAA and is one year away from being eligible to directly lobby the government.
CrunchFund partner MG Siegler has harsher words to say about Chris Dodd.
More on Chris Dodd’s statement.
Fighting Content Piracy
From Jakarta Globe:
Business models should be based on customer demand and an understanding of what is technically feasible - not a desire to maintain existing models or cash flows. In other words, you need to adapt the map to the terrain - you cannot change the terrain to suit the map.
IDC: $1.32 billion worth of pirated software in Indonesia
Software piracy in Indonesia went up in 2010 according to a study by IDC. The research claimed a record 87 percent of applications installed on computers in Indonesia are pirated.
This 1 percent increase over 2009 figures actually caused a significant increase in monetary losses to software companies from $886 million to $1.32 billion. In 2003 the losses amounted to a relatively small $157 million.