I was recently chatting with the guy who has been charged with sorting out what DRM solution(s) will be adopted by a major studio. He was very candid about his belief that the studio had dropped the ball when it came to addressing digital music and he was hoping that the studio could come to some more rational conclusion about DRM for other media going forward. He was less clear, however, what he thought would constitute a more rational conclusion for the studio.
The Berkeley Center for Law and Technology held a conference in late February that took a comprehensive look at DRM technologies and the policies around them. Folks like Cary Sherman from the RIAA, Larry Lessig from Stanford, and many others representing all aspects of the DRM debate spent 3 days discussing the issues. The conference organizers have made video of the conference available at their website. Its very interesting stuff and well worth checking out.