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Internet - Good & Bad [CNN]
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> June 12, 1997: 4:28 p.m. ET
>
> Time NEW YORK (CNNfn) - New technologies for video transmission over
> the Internet, such as digital video discs (DVDs), represent remarkable
> potential but also pose an inherent threat to global intellectual
> property rights, one of the most powerful media executives in the
> nation said.
> [INLINE] The Net represents "promise and penalty," Frank Biondi,
> chairman and chief executive of MCA's Universal Studios, told the
> audience of the third annual Price Waterhouse media conference here.
> [INLINE] "At some time, we'll be able to transmit video real-time"
> over the World Wide Web through the use of technology such as DVDs,
> Biondi said. However, to succeed, media companies increasingly need to
> address two principle challenges: protecting intellectual property and
> promoting the "brand," he added.
> [INLINE] "By and large, encryption can be broken. That's pretty
> scary," Biondi said.