Killing CanuckFlix
If you require further evidence that big business loves regulation—provided it's the other guy being regulated—I submit this story from Canada's Globe and Mail:
Canada's television industry is banding together to pressure the CRTC into regulating Netflix, as traditional broadcasters face a mounting challenge from the fast-growing online TV and movie service.
It's the strongest sign yet of the Canadian television industry's growing worries in the face of the threat posed by alternative broadcasters.
Such "over-the-top" services as Netflix are increasingly competing with traditional media businesses, and enjoy what some industry officials contend is an unfair advantage, especially in Canada….
Cable and satellite companies worry that the availability of cheap alternative TV services could lead customers to cut the cord on their subscriptions. That could erode the subscriber revenues and advertisement dollars the industry depends on.