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October 7, 2011 03:05 am

Movie Industry: Loss of Control Worse Than Piracy

tlhIngan writes "Miramax CEO Mike Lang has admitted to what we all suspected. The biggest worry is a distribution monopoly, not piracy. They saw what happened to the music industry with iTunes, and vowed to not lose control and be at the mercy of Apple or whoever becomes the dominant distributor. From the article: 'Lang, whose company today debuts the Blu-Ray version of the cult classic Pulp Fiction, emphasized that people don’t necessarily want to pirate, as long as they get what they want. “Innovate or die,” should be the motive of entertainment industry companies, where it’s key to listen to customers.'"

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/q8e4-KoBl8o/Movie-Industry-Loss-of-Control-Worse-Than-Piracy

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