"The only thing protecting the movie and TV industries from the fate that has befallen music and indeed the newspaper business is the size of the files," says Bono, adding that in just a few years, bandwidth will be so abundant, and connections so fast that entire movies can be downloaded in under a minute, regardless of size.
"A decade's worth of music file-sharing and swiping has made clear that the people it hurts are the creators -- in this case, the young, fledgling songwriters who can't live off ticket and T-shirt sales like the least sympathetic among us," he added.
Bono does believe that Internet content can be tracked, and cited the US' effort to stop child pornography as well as China's to suppress online gaming and pornography.
"Perhaps movie moguls will succeed where musicians and their moguls have failed so far, and rally America to defend the most creative economy in the world, where music, film, TV and video games help to account for nearly four percent of gross domestic product," Bono concluded.
Written by: Andre Yoskowitz @ 3 Jan 2010 17:24