COPYRIGHT WINNERY AND PATENT LOVE

Sep 15, 2011 15:34

IBM has a very interesting business model: systematically patent everything and sell them off. Not only has it been the unchallenged leader in number of patents approved, it sold over two thousand to Google alone for use in the patent wars.

In response to the chaos of patents, Congress approved patent reform which will move us from a first to invent system to a first to file one.  Since filing for patents is exceptionally expensive (thousands of dollars per individual patent), this is great for corporations like IBM which have significant capital.  It's also helpful in the sense you can just patent inventions created by regular people, getting a head start on the whole R&D process.

I LOVE INTELLECTUAL PROPERTY <3 <3 <3

In other news, Netflix's stock has fallen by forty percent after they were forced to raise prices as content creators tighten up the screws.  With the loss of Starz and a few other moves like this, Big Media could easily this goose.
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