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May 12, 2005
WHAT'S AHEAD FOR NET, DIGITAL ENTERTAINMENT
A nice roundtable discussion on how The Internet and digital technology are changing entertainment at lightning speed. In short, the coming years will scramble concepts of music-making, movies, TV networks and advertising.
One excellent quote from Roger McNamee, a Silicon Valley VC and author of "The New Normal": Most major media companies define their technology strategy in terms of digital-rights management. Their view of the world is about controlling access to what they own. The next 10 years are about exactly the opposite. It's about the creative people and their fans getting together. Whatever it is you like, it will be increasingly available. It's time to give customers what they want.
It's now our job and the industry's job to actually do it. The old business models are brain-dead, and the body will die soon.
Kind of ties in to what I said about Hollywood in my previous post.
May 12, 2005 in Paradigm Shift | Permalink
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