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Today's money -- out is Hollywood pulling its support from the president.
Last week the president sided against Hollywood and an antipiracy -- -- the film industry desperately wants and that Internet companies desperately want to kill.
The president is clearly taken decided Silicon Valley -- solid -- that has a lot of Hollywood power brokers.
Saying you better not come around looking for money anytime soon but we'll Hollywood donors really make good on that threat let's -- Entertainment analyst Peter Guber who -- it absolutely right Peter it was last Friday we had job target about this you said the president would side with Silicon Valley but a lot of your friends and Hollywood and believe -- -- that.
Now now now but -- Hollywood operates rather golden rule the US the gold makes the -- And the president decided he would go with a gold was and he looked at silicon valley of northern Californians said I'm dig in and -- else.
But former senator Chris Dodd who is now chairman of the motion picture industry.
Said I'm quoting him this thing was considered by many to be a slam dunk how could they get it so wrong.
And that's why they play the game David you know at the end of the day.
Trying to dance -- two people of the same wedding you know that's what a bomb was doing and the reality was he really knew the idea is that the audience that means the public.
Was listening through the Internet and ultimately out of succumb to that interest unfortunately.
Unfortunately didn't give any -- have any information on any.
Tip that a Hollywood community so they were completely side swiped by this and I think.
That was part of the issue now they're not that reputation of value -- -- -- visited he did all those things and now we left them at the altar.
But isn't that Chris Dodd's job to inform Hollywood as to what Washington is thinking.
Yeah but you know it's an enigma to some people because.
I would have thought I really would have thought that the pressure brought by this the networks the studios the music companies to film companies that would have been sufficient enough.
To have and gives some heads up that the industry he gave no adds up to the industry.
And as a result insides like them and they don't like the B sides right now now one of the things that's -- disease trying to make good now.
I think Biden's appearance ever Cisco -- -- by the way.
Biden -- -- was piracy is staff pure and simple -- rings pretty hollow now.
But is now.
-- the Justice Department that they -- By trying to vigilant to rebook what is he doing is going up at -- may drop below one of -- largest criminal sites on the Internet which has been stealing all the contents and he's -- launched a campaign and a legal action against them.
While while -- by the -- one thing we should measure back Chris -- he has freed -- Officially legally from lobbying until 2013.
Is part of a new antibiotic law that was put into effect.
Back in 2007.
So legally he is not allowed it to lobby in Washington my -- had been one of the reasons why didn't get it.
Yeah it could be one of the reasons but you know it's it is this something.
The bill itself was flawed the bill itself it was like a sequel -- you know Hollywood likes those it was flawed and everybody was afraid.
Even the most ardent supporters of antipiracy.
Wore a little nervous because the way to build instructional and a lot of little -- a lot of places where the government and other forces could have.
Really strangle the Internet so -- -- out what some real.
Thought that it wasn't a great real but the way it was advanced that was -- that never -- -- -- and I think you Willard Obama but remember.
Most of the Democrats emotional liberals in Hollywood it is a majority the -- And already maxed out in their contributions to Obama and even though that -- gravitational value was important in a campaign.
I don't think that -- the administration and Hollywood if you will -- hierarchy that that is part of the culture there was too happy with Obama they were really upset.
Well is it is it a deal breaker for the -- I know they've already contribute a lot of money.
But there are other ways they're they could still bundled money for example their waterways a Hollywood could be supportive of the president they want to will less support totally dry up -- -- they care that much about this issue.
Yeah I think they care a lot about this issue they vote their pocket book like most and Africans though.
But I think that he added -- -- here is that they they will move away from their political bias I don't think they will do that ultimately they're gonna be more persuaded that they can move.
Him to find other ways to fight piracy rather than just fight -- and hope that some other candidate comes along who was more in line with their address.
By the way does it does Hollywood's dislike.
Of this bill -- or of the president's role in this bill.
Extend to the actors as well does -- go beyond the studio exacts.
Yeah I think -- anybody who recognizes they feed out of the trough that it's called content where they have to protect that.
Where the idea that somebody stealing the contents an overseas Internet sites and then having domestic sites linked to -- so they can download all this content for -- They know -- it's it's really eroding their whole entire business and they -- -- music business in the -- from piracy and it's not gone unnoticed the question is really whether or not they can align their economic address.
Whether all lined up political addressed as social address and do something rather than just sit on the sidelines and be neutral it's going to be an interesting.
Conundrum for them because if they don't.
Do something and they won't be as financially rewarded as.
They should be the doing their work.
Well it's been a very interesting actually the one thing that we have found out from this assessed to be a last question is -- Hollywood just does not move as fast as the Internet surprise surprise -- -- the Internet is.
Is as fast as the speed of light but that was really instrumental here was the speed of action that the Internet folks.
Took that that really.
We should not only is speed the Big -- did.
But the idea that they -- literally do -- they -- dark and they -- -- out.
And -- MA crew created a protest and -- asked all the people that call and write and Lincoln text their congressmen that it created a barrage of tsunami if you will.
A protest and the truth is that's the scary thing -- because the idea that a -- like that could be marshaled.
Literally against other people as a powerful resource it's to -- you -- And the Internet companies realize they have a joint interest -- get together and hash something out but we only have ten seconds but is that possible.
Yeah I think it's in the mutual interest -- -- -- the -- -- content and people like to eat that's the way they get paid for that contrary eating is -- -- I'll have.
Peter go over great to see a have a good weekend thanks for coming ahead.
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