Economics – Wayne Marr

Business Models: 11-12-08 Illegal File-Sharing

November 12, 2008 · Leave a Comment

Read article here.

The problem of illegal file-sharing has become a global one but the way governments go about tackling it changes from country to country.

In the UK, internet service providers (ISPs) have recently voluntarily agreed to engage and educate their customers about file-sharing.

Now read an earlier post of mine here. I have reproduced the posting below.

From TechCrunch, read here.

Old Post

A new business model for music? Intriguing! And not that difficult to do.

And that, for me, is the key. Bronfman, an outsider to the music world until recently, sees the writing on the wall – music downloads will eventually be free, and will serve as little more than marketing collateral to other revenue streams.

360 deals give labels a place in the new music economy, and there’s nothing wrong with their attempt to keep their businesses alive over the long run. Artists can choose to go with them or not, depending on their own opinion of the benefits. If labels really can bring enough marketing and promotional benefits to the table, artists will take those deals. They may be slaves to the labels, but they have a chance (albeit a very small one) of becoming rich slaves, at least.

Categories: Economics · Entrepreneurship
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