{"id":56,"date":"2003-07-07T11:13:15","date_gmt":"2003-07-07T15:13:15","guid":{"rendered":"http:\/\/www.tradermike.net\/movethecrowd\/2003\/07\/how_innovation_can_save_entertainment\/"},"modified":"2003-07-07T11:13:15","modified_gmt":"2003-07-07T15:13:15","slug":"how_innovation_can_save_entertainment","status":"publish","type":"post","link":"http:\/\/www.michaelseneadza.com\/blog\/2003\/07\/07\/how_innovation_can_save_entertainment\/","title":{"rendered":"How Innovation Can Save Entertainment"},"content":{"rendered":"

Here’s a topic that I often write about: the state of the music industry<\/a>, especially with regard to file sharing<\/a>. How to Save the World<\/i><\/a> has a good article examining how the entertainment industry can adapt<\/a> to the wild world of P2P<\/acronym> file sharing. Here’s a snippet:<\/p>\n

At the same time consumers have become increasingly reluctant to pay $20 for a collection of over-hyped music on a CD that costs fifty cents to make, they have actually been willing to spend more than ever before<\/i> on the technologies that ‘play’ the content. That’s right, a recent survey shows consumers are moving upscale in their entertainment ‘hardware’ purchases, because they see more value for their dollar there. And while CD sales (at least of mass-marketed titles) are off 50%, the total number of titles issued by the Big 5 (who generate 85% of all music sales) is also<\/i> down 50%. Cut the supply in half, why is the industry surprised that demand has declined accordingly?<\/p><\/blockquote>\n

The article goes on to list several solutions to the industry’s problems. I’d actually like to see solution #4, the shake out, occur. \ud83d\ude42<\/p>\n","protected":false},"excerpt":{"rendered":"

Here’s a topic that I often write about: the state of the music industry, especially with regard to file sharing. How to Save the World has a good article examining how the entertainment industry can adapt to the wild world of P2P file sharing. Here’s a snippet: At the same time consumers have become increasingly… Continue reading How Innovation Can Save Entertainment<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[6,11,16],"tags":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":333,"url":"http:\/\/www.michaelseneadza.com\/blog\/2004\/05\/26\/frontline_the_way_the_music_died\/","url_meta":{"origin":56,"position":0},"title":"FrontLine: The Way the Music Died","date":"May 26, 2004","format":false,"excerpt":"Set your TiVos for FrontLine's special report on the music industry, 'The Way the Music Died'. Here's what the show is about: The modern music scene was created in 1969, at Woodstock. Half a million fans, dozens of artists, and the politics of the times came together as a big\u2026","rel":"","context":"In "Business"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":241,"url":"http:\/\/www.michaelseneadza.com\/blog\/2003\/11\/05\/future_of_digital_music_downloading\/","url_meta":{"origin":56,"position":1},"title":"Future of Digital Music Downloading","date":"November 5, 2003","format":false,"excerpt":"The Economist has an article exploring whether the threat of online piracy is receding. From what I can tell the music industry still has a long way to go to win the fight: But the fact that more people are willing to buy music online than seemed likely does not\u2026","rel":"","context":"In "Music"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":312,"url":"http:\/\/www.michaelseneadza.com\/blog\/2004\/04\/17\/prince_to_be_on_cnbc_monday_april_19\/","url_meta":{"origin":56,"position":2},"title":"Prince to be on CNBC Monday, April 19","date":"April 17, 2004","format":false,"excerpt":"Prince will be on 'Special Report with Maria Bartiromo' Monday at 7 PM discussing the music industry","rel":"","context":"In "Business"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":242,"url":"http:\/\/www.michaelseneadza.com\/blog\/2003\/11\/06\/you_want_fries_with_that_download\/","url_meta":{"origin":56,"position":3},"title":"You Want Fries with that Download?","date":"November 6, 2003","format":false,"excerpt":"Looks like there's another battle going on over music downloading. Both Pepsi and McDonald's are offering free music downloads to their customers: Less than a month after Pepsi announced a blockbuster deal to give away 100 million downloads from Apple's iTunes music service to its customers, McDonald's is close to\u2026","rel":"","context":"In "Music"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130,"url":"http:\/\/www.michaelseneadza.com\/blog\/2003\/08\/01\/making_the_band_ii-2\/","url_meta":{"origin":56,"position":4},"title":"Making the Band II","date":"August 1, 2003","format":false,"excerpt":"HardCore over at Thought 4 the Day wrote a great review of Making the Band II. This pretty much sums it up for me (except for the 'terrible' part): However, if you have ANY knowledge about the music industry, if you've ever been a performer, or worked in the industry,\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139,"url":"http:\/\/www.michaelseneadza.com\/blog\/2003\/08\/07\/odb_is_for_the_kids\/","url_meta":{"origin":56,"position":5},"title":"O.D.B. is for the Kids","date":"August 7, 2003","format":false,"excerpt":"It looks like VH1 is taking Behind the Music to the next level. They have a new show called Inside\/Out which is: is a cinema-verite documentary series from VH1 that captures an artist or celebrity as he or she faces a personal or professional crossroads. With extraordinary access to some\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/posts\/56"}],"collection":[{"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/comments?post=56"}],"version-history":[{"count":0,"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/posts\/56\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/media?parent=56"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/categories?post=56"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.michaelseneadza.com\/blog\/wp-json\/wp\/v2\/tags?post=56"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}