<
https://www.techdirt.com/2022/06/01/are-fast-movies-really-a-substitute-for-the-real-thing-or-just-good-marketing/>
"There’s an interesting post on the TorrentFreak blog about “fast movies“:
These heavily edited copies of mainstream movies aim to summarize key plot
lines via voice-over narration in about 10 minutes. While no replacement for
the real thing, these edits accumulated millions of views and incurred the
wrath of rightsholders, leading to the arrest of three people in Japan.
As that rightly points out, fast movies are not a substitute for watching the
entire film. An earlier report on the same Web site indicates that the Japanese
film industry disagrees:
the losses cited by rightsholders are huge – 95 billion yen (US$ 856.7m) in
the past 12 months alone, roughly $10 per ‘fast movie’ view when working in
the 80 million views cited by CODA [a Japanese anti-piracy organisation].
This seems to be the classic “lost sales” fallacy – that every unauthorized
copy of a work represents a $10 sale that didn’t happen. That’s unrealistic:
many people browse movie clips online out of curiosity, and never had any
intention of paying to watch the entire film."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics