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Originally Posted by wizwor
Kind of related, the television networks -- in the person of News Corp. president Chase Carey -- threaten to lobby congress for more restrictive laws if the courts continue to rule against them.
I cannot understand this. Broadcast television gets revenue from ads which pay by audience. How is it bad for them to expand their audience via OTT? Clearly, the issue is control.
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The only thing that television networks really understand is that their revenue (and profit) has plummited in the last couple of decades. Online advertising revenues are a small fraction of what tradition on-air ads bring in, despite being able to more precisely measure how many eyeballs see each one. Television is a dying industry, and dying faster than publishing. The reasons are many and very, very complicated, but the industry is dying.
Fortunately, one of the biggest reasons is that, like book publishing, the barriers to entry in to the market have made the centralized industry irrelevant, or will very soon. Max Allen Collins called digital video "the keys to the kingdom." We live in an age where a homeless bum could, literally, beg enough money to make a movie of sufficient quality for a theatrical release.