Burn Hollywood Burn

Today on BoingBoing, Cory Doctorow has a good short piece about the entertainment industry’s failing business model. I just had to share this great excerpt:

Remember the “Magic Underpants Gnomes” episode of South Park? Tweak discovers that gnomes keep stealing his underpants in the dead of night. He follows them to their underground lair and finds a mountain of underpants and a sign that explains the gnomes’ business model:

  1. Collect underpants
  2. Profit!

Hollywood has taken this to heart:

  1. Sue all your former customers for their entire life’s savings; treat all the remaining customers like criminals until they defect in disgust
  2. A chastened America returns to the mall!

The music industry price-fixed their CDs, focused solely on formulaic hits, refused to license music for downloads, crippled CDs with DRM, and then declared that “piracy” was responsible for its drop in sales.

You can read the full text here.