(via a pointer from er ... excuse my brainfart, I meant james_nicoll
davefreer)
DRM stands for Digital Rights Management, and it's a fancy term for copyright protection.
Electronic gadgets are released at a staggering pace, and there have been situations where encrypted files purchased a few years ago are no longer supported by new and improved devices. I have hundreds of paperbacks which were published thirty and forty years ago, and somehow they don't seem to suffer from the same flaw.
Ebooks should be like paperbacks. Once you've bought them they should be readable on whichever computer program or ebook device you own now, or in the future. They shouldn't be locked to EbookReaderWidget 2000 when you really want to read them on EbookWidgetPlus 2008. (You may have no intention of upgrading, but what if your ancient but workable ERW 2000 falls in the bath?)
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...
For about a year. Maybe 2. Then somebody will say "Hey! You know what!"
And it'll be back. It's a cycle, and it'll be back, soon enough.
For every customer who's been bit, and who swears bitterly is a person who sees their hard work "being stolen", and insists on preventing that. For every 2 people unable to use their purchased product, there's 4 who say "I'm not a pirate, I don't see the problem."
DRM (or as we used to call it, Copy Protection) is an idea that seems so wonderful that there will always be people pursuing it.
[quick googling]
OK, somebody I know used to work at a company famous for their DRM. When they reporting about $200M in profit, they were spending $40M on attempting to outwit hackers and changing the codes, so to speak. They could have increased profitability by 20%, but that wasn't as important as blocking those dammed hackers!
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It is still an attempt to revoke my rights as a consumer. They want my money, they respect my rights.