4 ms·
You could call it a market inefficiency since the media would actually be worth the higher prices to people if they didn't have a way to pirate. So as long as p
by hot_gril 2y ago
You could call it a market inefficiency since the media would actually be worth the higher prices to people if they didn't have a way to pirate. So as long as piracy is technically not very hard, it'll always be relevant.
Today, you can see this with live sports. Hardest thing to pirate for technical reasons, most expensive thing to legally watch. I get that it costs more to serve, but not that much more.
- codexb 2y agoIt’s market inefficiency for sure. Besides price, there’s also just a failure to provide a service that people want. This is what happened to games and prime time television. Gamers wanted to be able to download games instead of dealing with physical DRM-riddled fragile media. People wanted to watch TV without ads. Barriers to entry in distribution are very high, and there are lots of exclusivity rights, so it was a virtual monopoly. But monopolies arent stable and the market will still find a way around them, legal or not.
- hot_gril 2y agoYeah that too, DRM is super onerous.