A warning from Andrew Keen in The Cult of the Amateur: "Our newspaper, magazine, music, and movie industries are being supplanted by an avalanche of amateur, user-generated free content.
Our newspapers' advertising revenue is being drained by free classified ads on sites like craigslist; television networks are under attack from commercial-free TiVo's; file-sharing and iPods are devestating to the multibillion-dollar music industry, and may soon undermine our movie industry; and Google's print-scanning technologies jeopardize the profitability of conventional publishing.
In a "cut-and-paste" online culture where intellectual property is freely swapped, stolen or "aggregated," royalty income is lost from the pockets of our artists, journalists, and creators..."
There must be a better way (?)
1 comment:
The industry and its dynamics are changing and buyer-seller relationships are getting more and more complex. Somebody pays alright and some gets paid but they aren't standing in front of each other! What is being referred to as the 'conventional' publishing model transaltes into big labels suffering - the creator never made any money anyways, not at least till they became big enough and smart enough like our dear Sir Paul Mc...
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