www.veoh.com

I was browsing around the internet and ran accross Veoh. It's like Napster and Youtube except even better and only videos. I downloaded the client and signed up for a free account, and now I can download lots of movies and music videos ect for free. I've heard they have entire movies like Allie G and South Park. I'm sure this must be because they haven't gotten caught yet, but for the mean time its really badass. And if you don't want to download, you can still go to the website and strem the video, for free. This is great for us the consumer, but it hurts the performer and the movie company. As the movie company gets less money, they will hire less talent and the quality of production may decrease, so they can keep their profit high. (They are a profit maximizing firm anyways) Eventually, the uncontrolable masses will be using the internet to get their media, and for free. The next best thing the movie companies can do is then support Veoh in return for ad revenue sharing. (In a way, how cable TV is today. There is even room for premium content) Make it the next big thing that syncs with the iPod. Sure, the movie company lawers may shut down Veoh, but there will just be another one, and another one, and another one. They can only fight for so long until they must give in. Thats a lot of money waisted on lawyers and TIME letting content be stolen online. The sooner the move, the better.

This is a prime example of how networked technologies have evolved the difficulties and overall logistics of media distribution. It is clear that using the internet is quicker, requires zero materiels, and bears no responsibility like a movie rental. But it also brings up issues of intellectual property rights as the files are easily transfered from one user's computer to another.

Veoh