Financier Fred Wilson: Content industry has made everybody a pirate

By Eric W. Dolan
Monday, February 27, 2012 22:07 EDT
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Fred Wilson, a venture capitalist who has invested in companies like Twitter and Tumblr, said at an event hosted by the Paley Center for Media that virtually everyone had become a media pirate because Internet content wasn’t convenient for consumption.

Rather than trying to go after every infringer, he argued, copyright holders would be better served by making their content easily accessible on the Internet.

“When 99 percent of the citizens of the world are breaking the law, the question is, is this the right law?” Wilson said. “Everybody is a pirate. It is hard not to be a pirate in this world.”

“When I talk to my kids about this, they cannot imagine a world where the content sites that they use aren’t available because that is how they get the content,” he added. “We’ve got to fix the system so that the content is available legally on the Internet in a way that is convenient for people to consume it. As convenient as turning on your TV and watching HBO. That’s how convenient it has to be.”

“The content industry has not made this content convenient to access on the Internet and as a result everybody — and I mean everybody — is a pirate.”

Watch video, courtesy of Fora TV, below:

The full video can be viewed here.

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
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