Napster just posted on their website advocating a "buy-cott". That is very smart. They want Napster users to go out this weekend and BUY(as opposed to the ranting idiots here who suggest boycotting) RIAA CD's to support the artists, and write to RIAA stating that they are Napster users who just bought a bunch of RIAA CD's. Apparently Shawn Fanning is a lot smarter than most of you here. This is THE way to get the public on your side. I was against Napster's continued operation until this. Now I think that they deserve to survive, for this brilliant strategy and good-willed gesture.
Many of you here commented that King will *never* get the 75% loyalty from readers who would pay $1. Well, you're dead wrong. Apparently King's spokesman has said that they have received in excess of $50,000 from credit card payments on the first day alone, which was roughly 75% of the total number of downloads. This doesn't include dollars in the mail which have yet to arrive. Looks like this is really going to shake up the publishing industry. Somebody think up a business model to make this pay-as-you-read work for the lesser-known writers, and you got yourself a business worth some serious VC. As I'm somewhat involved in this business, if you're actually interested in taking this discussion further, you can correspond with me at my email account. Thanks.
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Napster just posted on their website advocating a "buy-cott". That is very smart. They want Napster users to go out this weekend and BUY(as opposed to the ranting idiots here who suggest boycotting) RIAA CD's to support the artists, and write to RIAA stating that they are Napster users who just bought a bunch of RIAA CD's. Apparently Shawn Fanning is a lot smarter than most of you here. This is THE way to get the public on your side. I was against Napster's continued operation until this. Now I think that they deserve to survive, for this brilliant strategy and good-willed gesture.
Many of you here commented that King will *never* get the 75% loyalty from readers who would pay $1. Well, you're dead wrong. Apparently King's spokesman has said that they have received in excess of $50,000 from credit card payments on the first day alone, which was roughly 75% of the total number of downloads. This doesn't include dollars in the mail which have yet to arrive. Looks like this is really going to shake up the publishing industry. Somebody think up a business model to make this pay-as-you-read work for the lesser-known writers, and you got yourself a business worth some serious VC. As I'm somewhat involved in this business, if you're actually interested in taking this discussion further, you can correspond with me at my email account. Thanks.