Copyright Math and the $8 billion iPod

Posted filed underCopyright, Talks, Videos.

“The first MP3 player was a big Christmas hit, because what little hoodlum wouldn’t want a million and a half bucks-worth of stolen goods in his pocket?”

Comic author Rob Reid unveils Copyright Math (TM), a remarkable new field of study based on actual numbers from entertainment industry lawyers and lobbyists.

Rob Reid is an author and a serial entrepreneur. He founded the company that created the Rhapsody music website, and his latest book, Year Zero, will be published in July. In it, aliens seek to erase the ruinous fines on their vast collections of pirated American music by destroying the Earth. Parts of it are made up. The audiobook version will be read by our hero John Hodgman.

On the TED Blog, read more on the numbers behind Copyright Math.

The Motion Picture Association’s claims of $58 billion in actual US economic losses and 373,000 lost jobs came from this press release (which can also be found on Scribd). These numbers originated at a think tank called the “Institute for Policy Innovation” – an organization that Businessweek once profiled in an article called “Op-Eds for Sale.”