Quote Originally Posted by Papewaio
This law is about a stick, well start serving up the carrots.

Something that is often overlooked in economics which talks about free trade, is that not all barriers stifle all markets. Barriers to goods and services which are too heinous create black markets. Creating more barriers will only make it more profitable for the black markets and where profit and illegality exist is makes it a good source and cover for more nefarious organisations. Bootlegging is an old term for a reason.

The entertainment industry has to start seeing P2P not as the enemy but as the gold mine. The ability to download the show that you want to see is precisely the end result of all the decades of marketing for and cultivating of the instant gratification syndrome.

The industry should be tapping straight into it and seeing it as the way to a real El Dorado. Instant download for instant profits. Pay less for the media and make less per download, but shovel out the volume. With that model the industry would want to see more and more bandwidth used so that they can inject more of their content into the consumers need for thrills. The easier you make it for someone to consume the more they will.

iTunes is a good example of going with the new paradigm as is online games paid for with online banking. Heck you should be able to get an online video account and watch whatever movie you want. Make it so cheap and accessible it makes no sense to download and distribute it. Why store gigs when you can access it with ease.
The reason this absurdity has been proposed is because the government wants to help the 'poor record industry', who are losing profits precisely because they refuse to see p2p and the internet in general as a goldmine. They'd have no justification for their inflated prices on the internet, so therefore they wouldn't have enough profit, and would have to miss out on buying the new mansion this year.