MPAA just does not get it

MPAA Directly & Publicly Threatens Politicians Who Aren’t Corrupt Enough To Stay Bought
[Via Techdirt]

Reinforcing the fact that Chris Dodd really does not get what’s happening, and showing just how disgustingly corrupt the MPAA relationship is with politicians, Chris Dodd went on Fox News to explicitly threaten politicians who accept MPAA campaign donations that they’d better pass Hollywood’s favorite legislation… or else:

“Those who count on quote ‘Hollywood’ for support need to understand that this industry is watching very carefully who’s going to stand up for them when their job is at stake. Don’t ask me to write a check for you when you think your job is at risk and then don’t pay any attention to me when my job is at stake,”

[More]

You know, when people hate your organization, threatening politicians who listen to the people who hate your organization may not be a way to go.

The whole attitude just demonstrates how corrupt the system had gotten, mostly due to huge amounts of corporate money.

The industry is dying, which is why it is taking this approach. It is in a death spiral where ticket prices keep going up, quality keeps going down and the market is simply changing.

For the price of a single movie, I can pay for a month’s worth of access to Netflix and download a ton of movies. Just putting crap into 3D does not make it worthwhile.

Only dying industries try to get regulatory relief to save themselves and to prevent the rise of competitors.

But the Intertnet-based industries are much, much larger than the movie industry. The US revenues of Hollywood are roughly $10 billion a year.

Online retail revenue is roughly $150 billion. Amazon by itself had revenues of $34 billion.

If the MPAA wants to play with the big boys, it will be pretty tough. It is like SOPA awakened a sleeping giant, one which could crush the slowly decaying corpses of the current MPAA membership.