Quote by Niklas Zennstrom

And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more.

And the VCR did the same thing: the movie industry thought n

Summary

This quote implies that the VCR, a technology that allowed people to easily record and watch movies at home, was initially perceived by the movie industry as a threat to their business. They believed that the convenience of watching movies at home would undermine people's interest in going to the theaters. However, this quote highlights the industry's incorrect assumption, as movie-watching habits and the cinema industry have continued to thrive despite the introduction of the VCR. Ultimately, the movie industry underestimated the resilience of movie-enthusiasts and their desire for cinematic experiences.

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By Niklas Zennstrom

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