Grokster and the Economist

Posted by: Heather Green on June 30, 2005

It’s increasingly challenging for weekly magazines to figure out something to write two or three days after news breaks, which is why I thought it was interesting how the Economist approached the Grokster case.

They basically applied this logic:

1/ Grokster was the best outcome given the circumstances of the evolution of copyright law.

2/But the circumstances need to be modified in an era where digital technology and networks make it easier to zap creative works around.

3/ Why is that the case? The Economist argues that easy digital distribution makes it faster and cheaper for artists, writers, musicians to get a return on their investment.

4/ How do you adapt? Slash the length of the copyright grant.

Not bad at all, logically.

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BusinessWeek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, Douglas MacMillan, and Spencer Ante dig behind the headlines to analyze what’s really happening throughout the world of technology. One of the first mainstream media tech blogs, Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.

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