Der Blog

The content industries have a choice. They can suffer a painful restructuring as the full force of the move to digital unmakes all their plans and invalidates their business models; or they can suffer the same painful restructuring with a far smaller chance of success by alienating their one-time customers as they try to shore up their position with restrictive rights management.

— Bill Thompson, BBC World Service Commentator, quoted at p2pblog.com (via Boing Boing). The reason DRM is attractive is that it allows content creators to delay thinking about business models that actually work in the presence of P2P.