Y Combinator Wants To Kill Hollywood
An anonymous reader writes "Y Combinator, a firm that invests in startups, has put out a call to kill Hollywood. In a post on their site, the firm said attempts at legislation similar to SOPA wouldn't stop until there is no industry left to protect. They now want to incubate ideas for new types of entertainment, so we can evolve the movie and television industries. Quoting: 'There will be several answers, ranging from new ways to produce and distribute shows, through new media (e.g. games) that look a lot like shows but are more interactive, to things (e.g. social sites and apps) that have little in common with movies and TV except competing with them for finite audience attention. Some of the best ideas may initially look like they're serving the movie and TV industries. Microsoft seemed like a technology supplier to IBM before eating their lunch, and Google did the same thing to Yahoo.'"
Dodd and the MPAA are not going to take this sort of thing sitting down. They will sue over every word that ever appeared in any movie or TV show. They will attack any technology that is used to distribute this entertainment. They will lobby for laws forbidding this sort of thing.
So, how can we help fight them?
Palm trees and 8
At the end of the day, all things being equal if the government has to step in and decide who it will legislatively favor, I’m hoping it is the tech industry. America is and for a long time has been losing its place in the world. We cannot compete with third world manufacturing, we have deliberately sacrificed our spot as a scientific leader by diverting funds away from a physics supercollider (The Large Hadron Collider in Europe is where future breakthroughs will occur while we now watch on the sidelines), we have given up NASA and future space exploration will be spearheaded by China and India, and we are dumbing down our science, math, and literacy education while the rest of the world ups their game.
We basically have two things left, we are leaders in information technology, and leaders in making Lady Gaga CDs and Chipmunk movie sequels. Which do you believe is doing to be the best industry to foster a friendly environment for to maintain the relevance of America in the world? The media industry exists on the whim of the US government and other governments going along with our endless copyright extensions. Should they decide to stop, there is no value in what they create. Media can be copied for free, there is no scarcity of resources in the distribution, the basic rules of economics don’t work here.
I’m not suggesting that the whole concept of intellectual property is null and void. It has its failings and certainly the way copyright is being handled is despicable (I also feel software patents are insane and detrimental to the information technology industry). But I do know that if this is to be a showdown between two industries, I want the one to win that actually produces something of economic, societal, and tangible value. If Hollywood and the music industry are simply incompatible with technology, then I think we can do without the next Pirates of the Caribbean sequel, but I don’t think we can do without the next Google, Microsoft, or IBM. Do we want to be a country of technical leaders advancing civilization along, or do we want to be the court jesters, a diversion for the Chinese and other emerging technologies to get some cheap laughs from while they surpass us in all other areas?
If you read the announcement, you'll quickly realize that Y Combinator thinks that the industry as a whole is stagnant, and that it sees opportunities for innovation in the realm of entertainment outside of the Hollywood system. Hollywood is dying on its own; Y Combinator wants to invest in the next generation of mass media.
I'm proud of my Northern Tibetian Heritage
Walt DIsney alone is worth 70 billions dollars. No one is going to buy it out unless they can make that money back.
Even if you do that, the old chaff will just start new companies and attract investors because they know how to make money in the entertainment industry.
What is needed is alternative business models to compete with the old industry. It can costs millions of dollars to make movies and there has to be ways to finance it. Follow the money.
Funny. My favourite movies, CDs, and TV shows are not made by big budgets, but by B-movie houses and home editing/recording equipment. While some of the big budget blockbusters are worth the money, for the most part they SUCK because they spend all their time worrying about F/X and gadgetry instead of telling a good story.
The whole "capital" issue is a red herring in my books, an excuse for the status quo.
The MPAA and it's ilk should be reduced to advertising management firms, paid a percentage or flat fee by the movie producers, and have all their current "power" revoked and taken back by the artists.
I do not fail; I succeed at finding out what does not work.
If Apple or Microsoft buys Disney, they will milk money out of it the same way the current management does. Apple would make it worst by only allowing movies to be shown on Apple devices.
If Google buys Disney, they will fund movies by selling product placement spots.