Economics Dictionary of Arguments

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Video: Video refers to visual and audio content recorded and played back through electronic means, capturing moving images and sound. It encompasses various formats, from analog to digital, enabling the recording, storage, transmission, and display of visual information.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Jonathan Zittrain on Video - Dictionary of Arguments

I 120
Video/Zittrain: The entire video rental industry was not anticipated by publishers, yet it became a substantial source of revenue for them. (1)

1. See Clayton Collins, Why Blockbuster Clings to Its DVDs and Rentals, CHRISTIAN SCI. MONITOR, Feb. 24, 2005, available at (reporting that the U.S. video-rental business had $8.2 billion in rental revenue in 2003 and $14 billion in VHS and DVD sales). Jack Valenti, former head of the Motion Picture Association of America (MPAA), warned at a Congressional hearing that “the VCR is to the movie industry what the Boston Strangler was to a woman alone.” Home Recording of Copyrighted Works: Hearings on H.R. 4783, H.R. 4794, H.R. 4808, H.R. 5250, H.R. 5488, and H.R. 5705 Before the Subcomm. on Courts, Civil Liberties and the Admin. of Justice of the H. Comm. on the Judiciary, 97th Cong., 2d Sess. 65 (1982) (statement of Jack Valenti, President, Motion Picture Association of America). (He later said that the MPAA did not want to prevent the VCR’s deployment; it simply wanted to be able, through a favorable ruling, to withhold permission for sale of the technology until manufacturers agreed to a per-unit fee on VCRs and blank videocassettes that would be remitted to the publishers.)

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Zittrain I
Jonathan Zittrain
The Future of the Internet--And How to Stop It New Haven 2009

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