This design feature ensures the failure in practice of any censorship regime. Another form of censorship, that exercised by regulators and cable services in determining the channels to be offered, can be expected to disappear soon . There is no place for the meddling middle man in the new communications era. Implications for the cultural industries Technological developments have implications for the traditional cultural industries in the areas of production, marketing and distribution. A sharp increase in the value of existing stocks of sources of creativity.
Intellectual property is the real property of the information economy.
Consequences include increased levels of remakes of previous successes, and remakes of stories that have been successful in other cultures and languages, and even higher payments to stars. A lowering of barriers to entry. Further developments in video cameras and desk top video suggest that technical based barriers to entry are in the process of disappearing. Thus the number of industry participants can be expected to explode. The weakening of the traditional advertising-supported mass media and the advent of new forms of information distribution will result in a reduction in media placement costs relative to the creative cost.