The revolution, it turns out, will not be televised. It will be bitstreamed, uplinked, downloaded, and ripped. The old familiar channels replaced by icons, icons by cartoon characters. Put a dot-com behind it and watch it go!

“The Internet has affected everything,” says Phil Cowan, managing partner of New York’s Cowan DeBaets Abraham & Sheppard, “but it takes a long time for the law to catch up to a new media. Remember that a phonograph record wasn’t considered a piece of music until after the Beatles broke up.” While the Internet has dramatically changed the speed of communication, its effect on the legal terrain has been far more muted. “It’s going to take a while before new laws get written,” Cowan says.

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