In Reply to: Content is not King posted by rbolaw on September 6, 2014 at 06:42:04:
I don't think there's any surprise that people will pay more for connectivity than for music, of course it has far greater necessity. All it's saying about internet-based music is that the overhead is lower and so total revenue required is lower. This is true but that's not necessarily a positive either, as the perceived value of digital products is much, much lower than physical ones. Like anything, the price people are "willing to pay" is a function of motivation and availability. If it's available for a low price of course people won't be willing to pay a higher price for it. If it's something they can't get for a low price, the price they are willing to pay is a function of how motivated they are to buy it.
It's worth noting that many of Napster's strongest proponents have since changed their tune, but the damage is long done.
Dave
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Follow Ups
- RE: Content is not King - David Smith 08:37:17 09/06/14 (5)
- RE: "the perceived value of digital products is much, much lower than physical ones."... - Ivan303 10:12:32 09/06/14 (0)
- RE: Content is not King - rbolaw 08:52:18 09/06/14 (3)
- RE: Content is not King - David Smith 09:00:36 09/06/14 (2)
- Here's an idea for you! - rbolaw 09:16:17 09/06/14 (1)
- Not a bad one - David Smith 09:51:21 09/06/14 (0)