"And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more"
About this Quote
Zennstrom’s line is a neat little needle aimed at a familiar creature: the incumbent industry panic. By invoking the VCR, he’s not reminiscing about clunky tapes; he’s dragging out a historically verified overreaction and using it as a template for every new technology the entertainment business has tried to strangle in its crib. The intent is strategic: to reframe today’s disruption (streaming, file-sharing, platforms, user-generated distribution) as not a moral crisis but a predictable cycle of misread incentives.
The subtext is sharper than the wording lets on. The movie industry didn’t truly fear that people would stop watching movies; it feared losing control over how, when, and at what price they watched. “Nobody would ever watch” is a deliberately exaggerated paraphrase of an argument that was never really about demand. It was about gatekeeping: release windows, theater exclusivity, distribution monopolies, and the ability to meter access.
Contextually, the VCR reference is a greatest-hits example because it ended up expanding the market: home video created new revenue streams, new viewing habits, and a longer tail for films that would’ve died after a theatrical run. Zennstrom uses that reversal as a rhetorical trap. If the industry was wrong then, the implication goes, why should we trust its doomsday forecasts now?
It’s a founder’s argument disguised as common sense: innovation looks like theft to the people who built their business on scarcity.
The subtext is sharper than the wording lets on. The movie industry didn’t truly fear that people would stop watching movies; it feared losing control over how, when, and at what price they watched. “Nobody would ever watch” is a deliberately exaggerated paraphrase of an argument that was never really about demand. It was about gatekeeping: release windows, theater exclusivity, distribution monopolies, and the ability to meter access.
Contextually, the VCR reference is a greatest-hits example because it ended up expanding the market: home video created new revenue streams, new viewing habits, and a longer tail for films that would’ve died after a theatrical run. Zennstrom uses that reversal as a rhetorical trap. If the industry was wrong then, the implication goes, why should we trust its doomsday forecasts now?
It’s a founder’s argument disguised as common sense: innovation looks like theft to the people who built their business on scarcity.
Quote Details
| Topic | Movie |
|---|
More Quotes by Niklas
Add to List

