Does anyone remember what the Carterphone decision did for consumers stuck with AT&T's telephone network? It required AT&T to allow you to connect any compatible device to their telephone network. Consumers then were able to use answering machines, fax machines and computer modems. Open-access is good for the market. Read more at: http://opinionone.blogspot.com/
This is the same business model as the radio, but there are two fundamental differences:
1) You can't listen to the music on the go, and 2) You choose what you want to hear, when you want to hear it.
The idea is ancient, and while it's a great move for the online music industry, it's going to fall very short of consumers' expectations. It's also going to die quickly as soon as it becomes trivial (like it isn't already?) to copy the music to new files complete with meta information.
I'd sell my stock now and invest in a truly innovative and consumer empowering idea. The rulebook is getting way too long. The record industry execs need to put their collective MBA's together and do something useful.
Slashdot Mirror
The Last Starfighter. I love that movie.
I am already planning an experiment to refute this really bad report. Please visit my blog and catch up on it as I begin the experiment next Monday.
Does anyone remember what the Carterphone decision did for consumers stuck with AT&T's telephone network? It required AT&T to allow you to connect any compatible device to their telephone network. Consumers then were able to use answering machines, fax machines and computer modems. Open-access is good for the market. Read more at:
http://opinionone.blogspot.com/
This is the same business model as the radio, but there are two fundamental differences:
The idea is ancient, and while it's a great move for the online music industry, it's going to fall very short of consumers' expectations. It's also going to die quickly as soon as it becomes trivial (like it isn't already?) to copy the music to new files complete with meta information.
I'd sell my stock now and invest in a truly innovative and consumer empowering idea. The rulebook is getting way too long. The record industry execs need to put their collective MBA's together and do something useful.
another beautiful thing about the internet: google image search!
http://images.google.com/images?q=ibm+ramac