Quote:
Originally Posted by kjk
That was also the argument Netflix's CEO Reed Hastings has made to studios-"rerun TV" as opposed to trying to compete with first run content. I think it worked initially, but the studios have become a lot warier. Hard to say how the publishing industry (even more conservative than Hollywood, it seems) will react.
|
I think that the publishing industry will come round slowly. Hey, even with the "progressive" movie industry, it took years for them to give up their opposition even to the idea of permitting sales of pre-recorded videotapes of their movies. I expect to publishing industry to agree first to rentals, then after a few years to streaming. The lure of making money from their unproductive backlist will be what will compel change.