Editing Michael Nesmith (section)

===Pacific Arts and legal dispute===
{{further|Pacific Arts Corporation#PAC/PBS lawsuit}}

Nesmith formed the [[Pacific Arts Corporation]], Inc. in 1974 to manage and develop media projects. Pacific Arts Video became a pioneer in the [[home video]] market, producing and distributing a wide variety of videotaped programs, although the company eventually ceased operations after an acrimonious contract dispute with [[PBS]] over home video licensing rights and payments for several series,<ref name=":0"/> including [[Ken Burns]]' ''[[The Civil War (documentary)|The Civil War]]''. The dispute escalated into a lawsuit that went to jury trial in federal court in Los Angeles. On February 3, 1999, a jury awarded Nesmith and his company Pacific Arts $48.875&nbsp;million in [[compensatory damages|compensatory]] and [[punitive damages]], prompting his widely quoted comment, "It's like finding your grandmother stealing your stereo. You're happy to get your stereo back, but it's sad to find out your grandmother is a thief." Six months after the verdict, a settlement was reached with the amount paid to Pacific Arts and Nesmith kept confidential.<ref>{{cite news |last1=Wold |first1=Robert N. |title=PBS and Nesmith settle home-video dispute but are mum on price |url=https://current.org/1999/07/pbs-and-nesmith-settle-home-video-dispute-but-are-mum-on-price/?iMonezaUT=b4c50a09-f660-4652-886e-b67f3ecef34c%7c638281963338673821%7c638598187338673821%7coKJD5DuAICLsyi9ymhhPY8FNBh9w3ZdJYN5rxNqsqGo&iMonezaLT=Sp9L3OsJpk5fClAMa5VEPEvxWFcL4t5X# |access-date=21 August 2023 |work=[[Current (newspaper)|Current]] |date=July 19, 1999}}</ref>

Nesmith's most recent Pacific Arts project was Videoranch 3D, a virtual environment on the internet that hosted live performances at various virtual venues inside the ranch. He performed live inside Videoranch 3D on May 25, 2009.<ref>{{Cite web |date=2022-09-29 |title=MIKE NESMITH walked to the beat of a different drum. – All Across the Arts |url=https://aata.dev/index.php/2022/09/29/mike-nesmith-walked-to-the-beat-of-a-different-drum/ |access-date=2024-04-22 |language=en-GB}}</ref>