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"So we just created everything out of nothing. No knowledge of how it's done or anything." And with that, Steve Wozniak invented the future.
posted by joemaller on Sep 4, 2002 - 7 comments

Apple announced QuickTime 6 today with MPEG 4 support but refused to release it. Apple, along with other members of the Internet Streaming Media Alliance are not happy with the the MPEG-4 licensing scheme. And they have good reason, among other fees, the plan includes per minute charges for viewing content, with no maximum amount.

Is this the Moving Picture Experts Group and their licensing partners admitting that content will be worthless in 5 years? Is the financial future of the entertainment industry modeled on the utility companies?
posted by joemaller on Feb 12, 2002 - 5 comments