To bad the world couldn't have made a day of it and publicly performed the song everywhere possible, on radio, television, the internet, public squares, etc. Love to see Warner try to sue hundreds of people over a 90 year old song being sung to Warner Brothers.
(Aren't these media companies supposed to be dead by now?)
Their thinking is the public domain is all the stuff before modern copyright laws were put into place - but everything since then should be owned by someone forever. I'm sure that using public domain materials to create new work is beneficial because then the new work can be properly owned and licensed.
Their assumption is that if any money is being made, you must pay the piper and it's a corporate mindset. They can't fathom fair use as anything other than a hobby someone does in their basement and they don't believe something can exist unless someone owns and controls it.
That's why they don't practice fair use themselves in their business deealings and their lawyers make sure they pay to license everything even when they don't have to - and they expect everyone else to play that way too.
It's basically if you've got enough money, you get to play the game, otherwise keep it in your basement.
Sounds great in theory, but it would be far more expensive than what Aereo is doing because you're buying more expensive equipment and even more expensive content.
If you're talking one movie per player, that means only one person could watch it at one time - anywhere in the world. So you'll need hundreds of copies of a single movie, with hundreds of players to play them, just to satisfy the market. Perhaps thousands for a hot title to adequately meet demand.
So ultimately, how much could you rent the movies for and could it compete with Netflix on price?
I can respect someone that goes on TV and admits with confidence that they're a bigot, even while I completely disrespect them. It's much better than all the closet bigots trying to come up with lame excuses for their bigotry.
Techdirt is definitely analysis rather than a news source, esp. since every article links to an actual news source that Techdirt comments on. Unless you consider what Mike et al says about the news is news, the source is what should be posted on Reddit News instead of Techdirt.
There are plenty of other places on Reddit for Techdirt content.