Word: entirelyã
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Dates: during 2001-2001
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Digital distribution not only eliminates the record store entirely??€”meaning that an album sold online should cost $7-$10 less than one bought in a store—but it reduces the cost of promotion, because record labels can use customer profiling technology to make recommendations like Amazon.com does for books. In addition, because bandwidth is so cheap, there is essentially no marginal cost in digital distribution. That means that beyond the fixed cost of studio time, promotion software and bulk bandwidth, record labels will have essentially no cost. And yet they will still try to charge...
...With globalization and consolidation likely to continue, HMC is unlikely to avoid controversy entirely??€”but the University seems just as likely to overlook the occasional blow-up as long as the money keeps coming...