See mr. Griffin you may want to pull the mic a little closer to you. [inaudible] is this better . I guess i have two minutes to repeat a lot of it. I will go very quickly here for you and just to repeat that my name is jim griffin and i am the panels heat the panels geek. Immediate technologist here. Excuse me sir we heard it clearly. See then that is just fine by me area the fourth key point that im going to make is that we need globally unique identifiers no less than a bank check or a credit card. We have to have a number for each song and each book, each thing that we are trying to track. Simply using the title or the artist name is not enough. There are so many different ways to spell the creators name or the title that it makes matching extremely difficult and yes its true we do rely upon semantic matching absent global unique identifiers. Globally unique identifiers are easy to explain. They are just like the thin number on a car. Without of the number they cannot accurately des
Networks and tv stations can expect to be paid when their content is rebroadcast. Movie studios like the decision because it protects copyright on tv series and movies. On the losing side, aereo and devicemakers. We there the Consumer Electronics Association Decision by the Supreme Court today, disruptive to innovation. Here is the argument from april. Argument in case 13461, American Broadcasting Companies versus aereo. Mr. Clement. Mr. Chief justice and may it please the court. Aereos Business Model is to allow thousanding of paying strangers to watch live tv online. The aereos legal argument it can make that happen without publicly performing. Congress has statute that squarely forecloses that rather counter intier tiff submission. The internet and mini antennas are new, the basic service aereo is providing is not materially different from the Service Provided by Cable Company before this court in 1969. Where are they not the everybody has been arguing this case as if for sure theyr
And on several of them have said, we would not be opening new manufacturing facilities in the United States if there was no possibility of xm support for expouts. That would be too risky to have u. S. Manufacturing here. First solar, a company that does solar panels, manufactures in the United States and malaysia and he said without the xm bank labor costs have been pretty much the same. U. S. Actually has higher taxes but without xm bank he would shift more manufacturing to malaysia. So i think that well see some irrevocable changes if that happens. The threat of it is enough to make manufacturers think twice that this is going to be, on againoff again continually, as hard as a businessman, i was a businessman, to make five and tenyear investments when theres so much uncertainty. In the brief amount of period of time we have left, im fascinated to know how youve plibed such a low default rate and low loss rate. Can you express that in 25 seconds . How do you get that . Well, first of
Values. I want to follow up on a asked. N mr. Mchenry have any of those for referrals criminal investigations . Im going to need to defer to general bus these are in his hand much. But im asking you. Comment on it. Do you know . Im not asking if you know, do theyve been refer toward prosecution . To my knowledge, thoar in the stage. Gation okay. One the employees placed leave . I cant comment. You comment on whether theyre placed on leave or not. Two of them have left the bank. Oh the two that didnt leave, are they still drawing a paycheck . This is investigation im told by counsel im not to comment whether theyre drawing a paycheck or not . Not allowed to comment on that. Im just told by counsel i cant that. T on theres a little concern reauthorized we the bank. I know some have presented it as institution that should have great on top and provides opportunity and is a pristinely run organization. Tulips. Roses, its a beautiful thing. Some of the concerns you might have her earlier ar
Because although the internet and the thousands of mini antennas are new, the basic service that aereo is providing is not materially different from the Service Provided by the Cable Company before this court in 1969. Justice sotomayor why arent they Cable Companies . Theyre not Justice Sotomayor im looking at everybodys been arguing this case as if for sure theyre not. But i look at the definition of a Cable Company, and it seems to fit. A facility located in any state. Theyve got a, whatever they have a warehouse or a building in brooklyn, that receives signal transmissions or programs broadcast by Television Broadcast stations. Theyre taking the signals off of the theyre taking the signals, right. Justice sotomayor im sorry, they are. Makes secondary transmissions by wires, cables, or other communication channels. It seems to me that a little antenna with a dime fits that definition. To subscribing members of the public who pay for such service. I mean, i read it and i say, why aren