Sean Parker wants new Hollywood movies at home for $50. Good luck!
LOS ANGELES — Would you pay $50 to watch 10 Cloverfield Lane or The Brothers Grimsby at home this weekend?
Sean Parker thinks you would — but that’s only half the battle. The other half is like walking into Mordor.
The serial disrupter (Napster, Facebook, “a billion dollars,” etc.) is at it again, this time leading an investment group that aims to put first-run Hollywood movies in the home via a secure set-top box for $50 a pop, according to a Wednesday report in trade mag Variety.
To which we say, good luck buddy. Others have tried to draw the sword from that stone before you, and it’s never ended well. Read more…
Originally posted here: