he big forces driving media piracy in developing countries are real and powerful and will not be changed, no matter how many western politicians get on their moral high horses and insist that countries like India and China build a “culture of intellectual property.” But the irony is that if governments and corporations really wanted to build such a culture, then they would encourage companies to set their prices low enough that the populations of those countries could actually afford to buy music, movies, and software at the full legal retail price. It turns out that domestic companies are quite good at distributing media at low prices, and can build profitable businesses by doing that. But foreign companies have different incentives in the short term, and don’t do that.
CoCo Massengale on 26 Sep 11Barnes & Noble and other bidders purchased parts of Borders Group's intellectual property in an auction that raised $15.7 million. Hilco Streambank, the intellectual property valuation and disposition arm of Hilco Trading, LLC, said the auction included more than 50 rounds before the winning bidders emerged.
