Warren Buffett in a letter to editors & publishers:
We must rethink the industry’s initial response to the Internet. The original instinct of newspapers then was to offer free in digital form what they were charging for in print. This is an unsustainable model and certain of our papers are already making progress in moving to something that makes more sense.
Tim Cook at D10:
We don’t want their stuff to be ripped off1. A whole generation thought [digital stuff] should be free, and if that continued, you won’t have any artists anymore. That’s not good for any of us.
In this interview Tim Cook refers to Hollywood. ↩
