At midnight last night, Sony’s PlayStation 3 or PS3 went on sale at the Metreon in San Francisco. Although initially priced well above its competitors, Microsoft’s XBOX 360 and Nintendo’s Wii, all these gaming consoles require accessories and more importantly games to play them which will quickly even the price level across all. And the reason the gaming market is outpacing the film industry in revenue is because gaming is not an extremely price sensitive market. But what Sony really lacks is a breakout title that is only available on the PS3.
The MPAA’s motto, you can watch movies the way we want you to watch them. Their latest lawsuit is against Load ‘N Go, a video store that sells both DVDs and iPods. If you buy both, they’ll rip the DVDs and load them onto your iPod. The MPAA argues that the act of decrypting the code on a DVD is a violation of a copyright act. But, the act of purchasing a video and copying it for your own personal use is protected under the home recording act.
