Cisco's New Router — Trouble For Hollywood
Shakrai writes "Time Magazine has published an article about the impact of Cisco's new CRS-3 router on the business practices of the MAFIAA. This new router was previously mentioned here on Slashdot and is expected to alleviate internet bottlenecks that currently impede steaming video-on-demand services. Some of the highlights from the article: 'The ability to download albums and films in a matter of seconds is a harbinger of deep trouble for the Motion Picture Association of America (MPAA) and the Recording Industry Association of America (RIAA), which would prefer to turn the clock back, way back. ... The hard fact is that the latest developments at Cisco, Google and elsewhere may do more than kill the DVD and CD and further upset entertainment-business models that have changed little since the Mesozoic Era. With superfast streaming and downloading, indie filmmakers will soon be able to effectively distribute feature films online and promote them using social media such as Facebook and Twitter. ... Meanwhile, both the MPAA and the RIAA continue to fight emerging technologies like peer-to-peer file sharing with costly court battles rather than figuring out how to appeal to the next generation of movie enthusiasts and still make a buck."
Read more of this story at Slashdot.