By Chris Daly
–First, let’s pause a moment and let this sink in: Eastman Kodak has filed for bankruptcy protection.
This is the company that ruled photography in the 20th Century, the company that made photography a popular activity, and the company that really enabled photojournalism by making cheap portable cameras as well as flexible, lightweight film.
–Second, the chips are falling in the online piracy dispute. Regrettably, this issue appears to be turning into a shouting match. For all the advocates of “freedom,” the question remains: What about stealing the work of creative people? To be continued. . .
–Coincidentally, there was also a little-noticed SCOTUS ruling yesterday on copyright. Now, while I favor granting copyright to make sure that content-generators get paid for their work, I have to wonder how much sense it makes to impose new copyright restrictions on the work of dead foreigners. The purpose of the U.S. copyright law is to encourage creative output by giving Americans an economic incentive to write, compose, paint, etc. Putting new restrictions on “Peter and the Wolf” is not going to bring any new work out of Prokofiev (no matter how much his heirs may rake in). This, too, is not the answer.
–Finally, the gift (to media reporters) that keeps on giving: The Murdoch Hacking Scandal. Jude Law is smiling today because he is among three dozen victims of phone hacking by Murdoch reporters who have extracted “settlements” (i.e., payoffs) from Murdoch’s News Intl. The “nut graf”:
The apparent admission of a cover-up seemed likely to add to the challenges facing Mr. Murdoch in Britain. News International, the British subsidiary of News Corporation said it would not immediately comment, Reuters reported.