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What are your thoughts on RED owning the patent of compressed raw footage? As I understand it only black magic has come around the fact of paying RED for the use of compressing raw footage because they could prove that they were working on it before the patent was filed.
How is this battle hindering the digital cameras and companies? Apart from having to pay RED money. What progress do you think we would see if the patent was open?
I think of the seat-belt innovation – in this case Volvo decided that even if there was a patent on the seat belt they would released it. Mind you it was mainly because you could lower death rate a substantial amount but still. It would benefit the industry more from making the patent open to use rather than hindering it.
Red would still make money. And maybe even a better camera for it. What are your thoughts on this?
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