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See http://www.otoy.com/130501_OTOY_release_FINAL.pdf, linked from https://brendaneich.com/2013/05/today-i-saw-the-future/. Watermarking is possible via GPU clouds, OTOY has demonstrated this. The acceptability of it in lieu of DRM came from a Hollywood 6 member. I can't say more, but there is hope.

Very cool news - I'd missed that part of your post. Thanks for pushing JS performance so hard, too.

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