On the one hand information wants to be expensive
because it's so valuable. The right information in the
right place just changes your life. On the other hand,
information wants to be free, because the cost of
getting it out is getting lower and lower all the time.
So you have these two fighting against each other.'So
said the influential technologist Stewart Brand at a
1984 hacker convention. Not only did his words evolve
into a media business mantra that has shaped the
internet as we know it today but the conflict which he
predicted has led to a revolution in the way that our
culture is disseminated and consumed. Over the last
decade the traditional media - newspapers, music,
television, films and books - have been systematically
ransacked by digital organisations. Every media business
has had to contend with the growing consumer demand for
free online content. As it is currently configured, both
technically and legally, the Internet allows technology
companies to reduce the price of content to zero by
letting them build businesses with content copyrighted
by others. It's a very effective way to draw an
audience.MySpace attracted a user base larger than the
population of most European countries, in part by
letting its audience stream music, then sold itself to
News Corporation for $580 million. But what are the
consequences for cultural businesses? Is the result
simply mayhem and inevitable cultural impoverishment?
Free Ride is the essential guide to a global marketplace
in transition: where we are, how we got here and what we
have to do to avoid cultural meltdown. |
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