Kim Dotcom: Hollywood Has “Missed The Train” To Online Movie Success

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Posted 2 years ago

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Kim Dotcom Launches MegaChat, An Encrypted Chat ServiceThe man at the heart of the largest case of copyright infringement in the United States has expressed his disdain for Hollywood’s antiquated ideals with regards to online success in a recent interview with Bloomberg Television.

Speaking from the comfort of his mansion in Auckland, New Zealand, Megaupload.com founder Kim Dotcom addressed the separate lawsuit brought against him by Hollywood studios in addition to the case brought against him by the United States government in 2012, which included other charges such as money laundering, pirating and racketeering.

Paramount, Disney, Warner Brothers & other studios are seeking over $100 million in damages.

Dotcom claims their lawsuit is an attack designed to cloak their own ineptitude and ignorance in their lack of action in capitalizing on the vast possibilities of providing movies and other content online. “Instead, it’s companies like Apple and Netflix that steal their thunder and this opportunity to monetize the power of the Internet. They missed the train.”, he remarked.

He went on to explain that Hollywood’s traditional method of funding motion pictures by selling pre-distribution rights beforehand to different license holders in various countries is outdated and prevents productivity, as opposed to Netflix’s methodology of creating content and distributing it globally online without licensing issues being at the forefront.

Another problem he sees with the current Hollywood method is how they release movies in countries one by one, therefore encouraging widespread piracy to meet the demands of impatient moviegoers.

Dotcom went on to say that his next project would be called “MegaNet”, an alternative Internet that he envisions as “completely run for the people by the people.”

Dotcom is currently facing extradition hearings that would transport him to the U.S., but legal entanglements have pushed them back.

Christopher A. Smith

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