Word: napstered
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...Later this year Napster will release a new version of its file-swapping software with built-in copyright protection. If all goes well, Bertelsmann will convert its loan to Napster into a 56% stake in the firm. MusicNet, which bundles the catalogs of BMG, Warner Music and EMI, plans to license music for online...
...Vision Thing: "I was always convinced subscriptions were the way to go, even when everyone else was betting on advertising models like Yahoo. I believe Napster will have a steady stream of subscription revenues in future...
...Forward Spin: Napster will have to prove it is significantly better than free services. The challenge is to offer music at acceptable prices with the features people want most, like the ability to listen to downloaded songs on any device...
...that I’ve often written about the changes in the music and entertainment industries brought about by the Internet and digitization. I’ve always held that the worst-case scenario would be one in which competing record labels, unable to come to agreement on a Napster-like service for digital subscriptions to music, would fracture into a handful of incompatible download sites. Yet I could never have imagined just how bad the situation would...
...model in which users pay a single subscription of $10-$20 per month for unlimited and unhindered access to music, movie and other entertainment files—a model which would still guarantee monstrous profits—I can see no moral problem with downloading files through post-Napster tools like Gnutella and Morpheus. Owners of IP must recognize that marginal pricing should only reflect marginal cost. Until then, the only way to express our dissatisfaction is to refuse to participate in this new, awful model. So steal this column...