Posts about paidcontent

Gained something in the translation

Tweet: A tweet paraphrased my link-economy line and showed me I’ve been saying more than I thought I have. **

In Twitter today, one @rpaskin paraphrased something I’ve been saying – and said again in my talk at Web 2.0 Expo Tuesday (generously covered in that link by Aneta Hall). My line has been that in the link economy, value comes from the creator of the content and from the creator of a public (formerly known as an audience). That is, Rupert’s wrong with he says that Google takes content; it gives attention.

Anyway, @rpaskin tweeted this: “In a link economy, there are values from creating content and linking to content. There’s no value in just reproducing content (Jeff Jarvis).”

I didn’t say that exactly but I think it better expressed what I have been trying to say. Or at least it added a perspective and raised a fundamental and important question, namely:

Is there value anymore in reproducing content? Is the six-century-long reign of Guttenberg and the industries he created really over?

Wow. Maybe so. In my discussions of the link economy, I had been concentrating on explaining and defending the side of the value equation brought by Google, aggregators, blogger, Twitter, et al rather than on the loss of value brought to those who reproduced – rather than created – content. But in looking at the entire equation, what @rpaskin says stands to reason: There is no value left over for the copiers. Indeed, online, if one copies, one is considered a thief because it’s only the thieves who copy.

The problem is, of course, that it was through the making and selling of copies that monetary value was extracted and that is why it is so upsetting to those who did so that they can’t do it anymore. It’s upsetting that they don’t see other ways to recognize value. It’s what makes folks including Murdoch say silly things that betray ignorance about the workings of our new world.

I’m sure Rupert knows exactly how the scribes Guttenberg put out of business felt.

ALSO: Speaking of speaking of Murdoch, you can hear me doing so – along with Michael Wolf and Steven Brill – on Murdoch’s tilting against Google’s energy-efficient windmills.

** Once again, I’m experimenting with using tweets about posts as subheds summarizing those posts.

’nuff said

Dilbert.com

(Thanks, Ed Reading)

Google to the rescue?

Yesterday I tweeted about Google’s offer to bring its checkout to enable micropayments for newspapers: “A cynical act, I’d say: a tool no one uses used to coopt foes on a useless quest.” In response, Charlie Williams tweeted, “How about savvy & low risk?” And I said that savvy and cynicism are by no means mutually exclusive.

The Stern Broadcasting Corp.

In today’s Daily News, David Hinckley and Talkers’ Michael Harrison speculate that when Howard Stern’s Sirius XM contract is up, he could use the internet to start his own broadcasting company.

Indeed, he could. Technology makes it possible: We could listen to him – and watch him – on the internet, on our iPods, and even now on our web-enabled phones. There’s no longer a need for a distribution network.

The numbers could be impressive. Stern brought an estimated 6-8 million listeners to Sirius. I’ve talked with a measurement company that did a study on his impact on satellite and concluded that a majority of users were there and paying $12.95 a month because of him. So say that half those people – 3.5 million – would pay half that much – $6 – to get Stern anywhere and on-demand. That’s $252 million. Absurd? OK, so charge $1 a month; that’s $42 million (though at a lower price, the volume would surely increase). Add in a little ad revenue but not much, judging on the crap accounts Sirius has been getting. Marketing? Stern doesn’t need it because his audience is his agency. And Stern doesn’t need to share any of that with Sirius XM. His only cost is his staff and bandwidth. Ah, but you say, he made a reported $500 million for his five-year Sirius contract. But I believe some of that came in equity and as a shareholder, I can tell you that isn’t doing so well. The point is, who’s going to sniff at tens of millions of dollars a year? If it doesn’t work, the risk is minimal. So why not?

Hinckley’s point is that the internet enables Stern to have complete freedom, control, and ownership, which is ideal for a control freak like Stern.

Would I pay for Stern? I already do; he’s why I subscribed to Sirius. I’m just unhappy that I can’t get him on-demand on my iPod and iPhone.

Irony that I’m endorsing paying for content when I scoff at news organizations charging? No. I’ve long said that we do and will pay for unique performances – and Stern is unique. News is information, a commodity once known; that’s what makes it hard to charge for. Mere opinion is abundant. Performance has value, in music, in comedy, or even in news.

Who else would I pay? Jon Stewart could charge (though we’d get less time and he probably has higher cost). My list pretty much ends there. How about you?

Rupert charges

The Guardian asked me for quick comment on news that Rupert Murdoch, Mr. MySpace, plans to charge for content. I pulled off the road on my way home and wrote this.

One line trimmed out for space: The debate has been about emotions and entitlement, not economics.