Digital downloads have broken apart the album and decimated major label music revenues. So movies will also get cheap and DRM-free as they increasingly migrate to the ‘Net, right? Think again.
The movie business is often said to follow the lead of the music industry. Watch what happens to music on the Internet, wait a few years, and expect that the same things will happen to Hollywood blockbusters. Think of it as peering into the future, but without the Magic 8-Ball, Ouija board, or astrologer.
As content migrates onto the Internet, what happens to it? In many cases, it gets cheaper—even dramatically cheaper. This price compression effect has been catastrophic for newspapers, and it has whacked away a significant percentage of major label revenue from recorded music (although the music business as a whole remains exceptionally vibrant).
A short set of ramblings, outtakes and scraps, from my 2.0 life. You will notice that too much of the stuff I post and link to relates to the market segments that I have the greatest passion for — pro audio, music & cinema — but I am also a geek in my spare time, so I post a lot of random tech stories as well.
For more information about the companies I helped to co-found, please visit www.abluesky.com and www.audiodesignlabs.com.
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