Thursday, October 13, 2005

About time too

As Apple announces it's move to do for video what iPod did for music I can only reflect upon the superb opportunity that this presents. The squashing of Bit Torrent and accompanying websites that offered sharing of video files was a protectionist and anti-market move by the distributors of video. At least the long-term fiasco in the music industry due to the legal cases against Napster et al might be avoided. The consumer has clearly shown that he/she wants video downloads. The companies that can make this happen profitably deserve success, and hopefully the folks that place obstacles in the path of the free market will get what they deserve.

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