“I think the model will change and you won’t pay for the window of availability. A movie will come out and you will have 17 days, that’s exactly three weekends, which is 95% of the revenue for 98% of movies. On the 18th day, these movies will be available everywhere ubiquitously and you will pay …
The Fault Lines Along Fast Lanes
Until recently, a fast lane from a broadband ISP was a remote possibility in the US. ISPs had to give data equal treatment, regardless of the source, and could not offer faster delivery for a higher price while giving slower service as a default. Although fast lanes were allowed by regulators a few years ago …
The Capital Creators, Piketty and Growth Theory
Something new has happened in economics this month: an influential academic book has been written. Actually, I should say something old has happened because there was a day that academic economists wrote books that had influence. My guess is that it has been about four decades since someone has put original research in the form …
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"Free to air" really means that broadcasters have no case
The US Supreme Court is currently hearing a fascinating copyright case. It has been brought be Aereo, a company that streams 'free to air' or broadcast television over the internet to people's computers. It costs for $8 a month for them for which the broadcasters receive -- dum dum dah -- nothing. Well, except the …
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The first unit is expensive: Wu-Tang Clan edition
A month ago, the music group, Wu-Tang Clan decided to do something we 'economics of digitisation' folks have always dreamed about: they decided to make just one unit of their next album. The plan is for the album to first make a tour of festivals, museums and galleries (no dates or locations have been set, however), …
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A week with Vox
The new economics/politics/news website, Vox.com, launched a week ago. It is one of many independent ventures cropping up that are well financed and are attempting to give us the future of the news media. What I have been particular interested in is where it will be in this space. And here are my thoughts based …
Digitopoly 