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Marginal Revolution and CNN (and New York magazine and Reddit and etc.) asked their respective readers: how much did you pay for In Rainbows, Radiohead’s new album which is only available as a pay-what-you-want download. Fair Use exceptions to U.S. copyright laws are responsible for more than $4.5 trillion in annual revenue for the United States, according to the findings of an unprecedented economic study released today. According to the study commissioned by the Computer and Communications Industry Association (CCIA) and conducted in accordance with a World Intellectual Property Organization methodology, companies benefiting from limitations on copyright-holders’ exclusive rights, such as “fair use” – generate substantial revenue, employ millions of workers, and, in 2006, represented one-sixth of total U.S. GDP.
In this report, we revisit our “Long Tail” thesis on the entertainment industry. As we Platforming is for low budget films, foreign films, idiosyncratic films. Blitzing is for expensive films; those that might turn into ‘blockbusters’ – but also those that might be too expensive to expose to audience opinion, too expensive to ‘discover’ that demand is low. Music industry attacks Sunday newspaper’s free Prince CD | | Guardian Unlimited Business The eagerly awaited new album by Prince is being launched as a free CD with a national Sunday newspaper in a move that has drawn widespread criticism from music retailers. Market capitalization Cisco addresses legit P2P in Supervisor enhancement – CBRonline.com Cisco Systems has unveiled both a product enhancement and a series of architectural templates to enable enterprise networks to address the challenge of legitimate peer-to-peer apps such as the Groove feature in Microsoft Office. Jobs says Apple customers not into renting music | Technology | Reuters Apple Inc. Chief Executive Steve Jobs indicated on Wednesday he is unlikely to give in to calls from the music industry to add a subscription-based model to Apple’s wildly popular iTunes online music store. At least this is what proprietary software people prefer… Microsoft executive: Pirating software? Choose Microsoft! At the Morgan Stanley Technology conference last week in San Francisco, Microsoft business group president Jeff Raikes commented on the benefits of software counterfeiting. “If they’re going to pirate somebody, we want it to be us rather than somebody else,” he said. “We understand that in the long run the fundamental asset is the installed base of people who are using our products. What you hope to do over time is convert them to licensing the software.” Radio listeners weary of hearing the same songs over and over may have something to cheer about: Broadcasters have tentatively agreed to anti-payola settlements that could shake up music playlists at some of the nation’s largest radio chains. Music executives judge Jobs, lament losses | CNET News.com Apple, digital rights management (DRM) and the public’s willingness to pirate music were discussed, debated and lamented once more by attendees of the Digital Music Forum East conference. Australian TV viewers are waiting longer than ever to view their favourite overseas produced televisions shows, driving them to use BitTorrent and other internet-based peer-to-peer programs to download programmes from overseas, prior to their local broadcast. As Mr. Gupta explains, “Bollywood is not just India, it is not just for local consumption, but Bollywood is also very voraciously consumed overseas. In addition, there is the ripple effect as Indian culture is quite akin to Middle Eastern and Eastern European culture making Indian cinema stars, Indian movies and Indian songs super hits throughout these regions.” BELGRADE (Reuters) – Rada Banjanin plans to stay up late on Sunday, fingers crossed that “Babel” will take the best picture Oscar at the 79th Academy Awards. Romania ‘built our country on pirated Windows’ ROMANIAN PRESIDENT Traian Basescu told Microsoft’s Supreme Vole, William Gates III that his country’s IT industry would be nothing if it was not for pirated Windows software. Variety.com – Spanish pirates flip for disk drives Spain’s uphill battle against piracy is getting steeper. “FIFA 07,” a video game for soccer fans, costs around €50 in Europe. In South Korea, five million players have downloaded the online version free — yet Electronic Arts, the publisher, is cheering them on. |
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