High-definition TV pioneer and Dallas Mavericks owner Mark Cuban talks about what’s at stake in the upcoming Supreme Court case MGM vs. Grokster in an article drawn from a recent post on his blog. Skip down to the section titled “Taking a Wrong Turn.” There, Cuban describes what could be lost if entertainment industry giants are able to convince the court that peer-to-peer file sharing is first and foremost a tool for theft.
“In the MGM v. Grokster case, the fewer than 50 companies who control less than 1 percent of all digital information are trying to take control of innovation in the technology industry and pry it away from the rest of us. Everything our imagination creates and touches that can be made digital is at risk if Grokster loses.
“What innovations will be condemned by law before they have a chance to come to market, because they could have an impact on Hollywood and the music industry? We have no idea, and that is a very scary prospect.”