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Demonstrates the error of the "long tail" fad some years back. Dazzled by the prospect of everything being available online, pundits failed to grasp the value o
by ctdonath 10y ago
Demonstrates the error of the "long tail" fad some years back. Dazzled by the prospect of everything being available online, pundits failed to grasp the value of content and the ensuing turf wars. Netflix was the prime example, hoping to carry every movie for a trivial flat fee; didn't work out that way. Closest we've got is the likes of iTunes, with a broad spectrum available $1-7 rental (vs the unfulfilled promise of Netflix, $8/month).
- mrep 10y agoThat's cause the movie/television television industry is valued at 150 billion dollars a year where as the music industry is 15 [1]. Multiply the music industry price standard by their relative sizes and you'd get a $100 dollars a month which is about the cost of your top cable prescription for having access to just about everything [2]. Did you think they were going to get the same value for 1/10 the cost? [1]: first google search result :/ [2]: more googling