September 07, 2006

Reverse Equity Investment

A Guardian article from 2002 wherein Chris Locke predicts youtube.

"Broadcast - broadband - some people think it's the same thing. Video on demand! It's a jukebox! But we still have this bottom up effect on the net, and the technology to create movies has gotten way cheap, dudes. So you are not going to be limited to Hollywood blockbusters, you're going to get lots of 10 minute videos - Atomfilms - and that's going to erode your market.

You can broaden the pipe as far as you want, but if everybody can play, it's not broadcast any more. There isn't that control of the passes. The channel is out of control and that makes it a different game."

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