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brimble | 3 years ago

I think it's a good idea to mitigate the downsides of the monopoly granted by copyright, when possible. We saw similar problems with studio ownership of movie theaters, and solved that by not letting studios own movie theaters (via an antitrust suit). That's only very recently, and in what may be the twilight of the movie theater itself, changed.

In the current environment, I suspect we'll see (are already seeing, to some extent) history repeat itself, but not do anything about it this time, because we're so skittish of regulating markets now.

I don't think you should have to own an extensive catalog of content to launch a streaming service. Nor that you should effectively have to grovel for the patronage of one of a handful of integrated production+distribution mega corporations to undertake production of new media. But that's rapidly where the market's heading, and I don't see any mechanism to change that course short of anti-trust action.

There are, as usual, some benefits to the rents the current monopolistic system produces (extra cash sloshing around to throw at projects, for example—extra R&D money is a typical benefit monopolies produce, and in this case, because the monopolies are on particular content rather than on all content [so far—Disney's getting alarmingly close], there remain incentives to actually spend that money on, if you will, R&D, or the closest thing to it in media production) but at the cost reduced competition on cost & quality, and of making it much harder to enter the market, for new players.

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