Cuban Funds The MGM vs. Grokster Court Case.
Wendy Seltzer, who I recently interviewed for The Gadget Show, points to Marc Cuban’s blog post about his funding of the MGM vs. Grokster case. Apparently the EFF and others asked Marc if he would finance the legal effort against MGM, and he agreed.
We are a digital company that is platform agnostic. Bits are bits. We dont care how they are distributed, just that they are. We want our content to get to the customer in the way the customer wants to receive it, when they want to receive it, at a price that is of value to them. Simple business.
Unless Grokster loses to MGM in front of the Supreme Court. If Grokster loses, technological innovation might not die, but it will have such a significant price tag associated with it, it will be the domain of the big corporations only.
This is awesome news. Not only does this give the EFF funds to battle for Grokster in the courts, it should also offer a good degree of exposure. It’s an important message after all, one that Marc eloquently sums up. “Its about our ability to use future innovations to compete vs their ability to use the courts to shut down our ability to compete. its that simple”.