Perspective, Pontification and Propoganda about Entrepreneurship and Venture Capital, brought to you by David Hornik of August Capital.

« Don't Be Conservative | Main | Make Your Own Credibility »

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Mike Tatum

I was watching "Hip-Hop Dollarz" on MTV the other night, which is an MTV-style documentary on who's making the most money in Hip-Hop. I thought was interesting to hear P-Diddy, Jay-Z and Eminem all say that they see making and selling music as means of marketing their brand so they can get in to making the "real money" in clothing, licensing and movies. As Jay-Z explained, "music is good for tens of millions of dollars, but clothes is hundreds of millions and where Roc-a-Fella (his label/corporation) needs to be".

This made me start thinking about the DRM issue. Unlike the major labels and studios, the hip-hop entrepreneurs have already figured out that their music will never generate as much cash as it did pre-Napster, so they've diversified revenue streams off the core product (their music) and found more profits in hard goods and licensing streams immune to the piracy issue. So this makes me wonder if we even need a DRM solution?

I don't think we do. I'll pay $6 for a CD because it's convenient for me store and have mobile access to the music content. I'll gladly pay $10 a month to conveniently access a digital on-demand music service that I can play through my PC and CE devices. Consumers will pay for quality and convenience, and online piracy is not the sole reason the music is in serious decline right now. They should save the millions being blown on creating a DRM solution that will ALWAYS get cracked & hacked, and spend it on figuring out how to compete with Tommy Hilfiger. ;-)

Kevin Marks

DRM is futile on two counts.

Firstly, it destroys value. People will pay less for a locked-up than an open version. Jupiter recently quantified this for music, and it was about $8/CD.

Secondly it is always breakable. If not by an analog path, by emulation - any Turing-completer computer cna emulate any other one. I've been saying this on my blog for years.

The intersting thing is to consider an economic model that can function with non-rivalrous, non-excludable goods. I've outlined one for media at mediagora.com

David Strehlow

Online services and music have moved beyond arguing about DRM and are now (at last) more focused on revenue and business models than locking down content. The future of music is unbundled tracks at reasonable prices, focus on access control rather than playback control and cross-merchandizing. Unfortunately the lesson the studios have taken from the labels' experience is that the legislative approach of criminalizing behavior (and potential behavior) is the best alternative to a failed technical solution. Demographics may turn the worm eventually as the US generates 4M new potential voters each year that grew up being treated with contempt by consumer media companies.

Uggs Classic Short

It is not easy to pin-point the origins of the Christmas feast, today the more important feast of the Christmas season in most western Christian churches. One can only say for certain that the birth of Jesus Christ was being celebrated in Rome by the year 336 A.D.; afterwards the feast was celebrated in other Christian churches throughout the world.discount ugg


Why it was celebrated on December 25th is another question. No date for the birth of Jesus can be found in the New Testament, which is concerned more with the question "Who is Jesus?" than the date of his birth. Early Christian speculation about his birth date was influenced by the symbolism of the changing seasons, then popular in religious thought, which paid careful attention to the equinoxes and solstices of the sun. Christian scholars speculated that Jesus was conceived at the spring equinox (March 25th) and therefore was born on December 25th, the date of the winter solstice.ugg boots


In many of the Christian churches, March 25th is still the Feast of the Annunciation, when the Angel Gabriel announced to Mary that she was to be the mother of Jesus.Uggs Classic Tall


Possible impluse for the feast of Christmas may have came too from the establishment of the pagan feast of the "Unconquered Sun-God" by the Emperor Aurelian in 274 A.D. to be celebrated on December 25, the day of the winter solstice in Rome and throughout the empire. In response, Christians could celebrate the feast of the "Sun of righteousness" (Malachi 4,2), Jesus Christ, who called himself " the light of the world."
Uggs Classic Short


ビブラム

Then I end up on the basin to put some tap water.Start cleaning the vibram , I first ビブラム wet.Then, I use a scrub brush back and forth on the edge of the fivefingers .The edge of the shoe is still relatively easy to brush the mud, but the shoe side of the dirt is more difficult to wash away.They do not want hanging around is to move about the body.

Asics Onitsuka

Conceit is the quicksand of success.
as

The comments to this entry are closed.