You have to remember the movie business has been dragged kicking and screaming into progressively larger and larger buckets of money since forever. VCRs? They'll kill the movie industry. DVDs? Same. Blueray, even worse since quality is so good no one will ever buy a movie again. Streaming services? Last one out of Hollywood please turn out the lights. Blah, blah, blah. The then head of the MPAA Jack Valenti literally compared the VCR to a serial killer named the Boston Strangler.
"'I say to you that the VCR is to the American film producer and the American public as the Boston strangler is to the woman home alone.' Jack Valenti said this in 1982 in testimony to the House of Representatives on why the VCR should be illegal. He also called the VCR an "avalanche" and a "tidal wave", and said it would make the film industry "bleed and bleed and hemorrhage"
My point is yes there are incredibly strict covenants in place and I'm sure they're probably preventing more revenue than they're allegedly protecting.
"'I say to you that the VCR is to the American film producer and the American public as the Boston strangler is to the woman home alone.' Jack Valenti said this in 1982 in testimony to the House of Representatives on why the VCR should be illegal. He also called the VCR an "avalanche" and a "tidal wave", and said it would make the film industry "bleed and bleed and hemorrhage"
As quoted on slashdot: https://news.slashdot.org/story/02/05/31/1622232/valentis-bo...
My point is yes there are incredibly strict covenants in place and I'm sure they're probably preventing more revenue than they're allegedly protecting.