Corporate insanity run rampant:
NBC/Universal general counsel Rick Cotton suggests that society wastes entirely too much money policing crimes like burglary, fraud, and bank-robbing when it should be doing something about piracy instead.
“Our law enforcement resources are seriously misaligned,” Cotton said. “If you add up all the various kinds of property crimes in this country, everything from theft, to fraud, to burglary, bank-robbing, all of it, it costs the country $16 billion a year. But intellectual property crime runs to hundreds of billions [of dollars] a year.” Cotton’s comments come in Paul Stweeting’s report on Hollywood’s latest shenanigans on Capitol Hill.
Is he talking about the money traditionally stolen from the writers of successful movies through the rewriting of the profits structure? Or about the musicians held hostage by an industry that makes all the profit off their work, leaving them with no alternative but to tour in order to make money?
Oh. Never mind.
