Kim Dotcom Says Hollywood Is Snoozing While Audiences Move to Web

Hollywood studios will be left behind by the likes of Netflix after failing to embrace the Internet, according to the man accused of the biggest movie copyright infringement in U.S. history.

“If Hollywood had some smart people working for them, they would probably have the biggest Internet company on the planet,” Kim Dotcom, who’s facing extradition from New Zealand to the U.S., said in an interview with Bloomberg Television in his Auckland mansion. “Instead, it’s companies like Apple and Netflix that steal their thunder and this opportunity to monetize the power of the Internet. They completely missed the train.”