Wednesday, August 31, 2005

the Lord of the Rings

I argued earlier that copyrights, like patents, should last around twenty years. Today's news illustrates why. One guy made $168 million from the Lord of the Rings movies, even though he did zero work on the movies. All he had did was buy the rights in the 1970s (for his own failed movie), and waited. It's nice work if you can get it.

0 Comments:

Post a Comment

<< Home