Pirates Kill The Copyright Star
Filed under: Money

“Copyright is a very big issue in the legal world today, but in the business world, when you talk to consumers about protecting copyrights, it’s a dead issue. It’s gone. If you have a business model based on copyright, forget it.”
– Gerry Faulhaber, a professor at the Wharton School of Business at the University of Pennsylvania and the former chief economist for the FCC, articulating on how the new “world of open piracy created by digital technology will always thwart content owners seeking to leverage the monopoly granted to them by copyright law.”
{Tasteful illustration: Keira Knightley humping her pirates}
{Mad: Chinese consumers think not China but the rest of the world produce fakes}
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