New commercial model for media consumption - interesting..
Some of you may have heard me blather on about this for
a while now - but it's finally announced. This is the future of media commerce
and licensing. The labels, and the studios soon will follow them - are seeking
fixed predictable revenue streams, and have turned to "all you can eat" bundled
deals to get them.
The results:
1 - Content moves into the cloud, the local hard drive
becomes a simple cache.
2 - consumers win, as they get everything they want,
when they want it - fre.
3 - Though they lose since they pay thisfee EVERY time
they get a new device (though at these rates (50 quid) they'll barely
notice).
Most, if not all the major media companies are in
negotiations on deals just like this with companies as varied as Nokia, Sony and
Apple. If this catches on, which I'm of the mind that it will,
it will more fundamentally change the landscape of media consumption than even
P2P did -- no offense anthony.. ;-)
just my .02 on a Friday a.m.
Nokia Paying Universal $35 per Device for "Comes With Music"
Authored by Mark
Hefflinger on April 17, 2008 - 10:43am.
Los Angeles - Nokia (NYSE: NOK) is reportedly paying Universal Music Group $35 per device for the rights to pre-load music from the label's artists on the devices it sells as part of its new "Comes With Music" offering in Europe, according to The Hollywood Reporter, which cited "a well-informed mobile industry executive."
At this rate, THR figures, if just 1% of the half-billion phones Nokia sells this year have Comes With Music, Universal Music would garner $175 million.
Related Links:
http://snipurl.com/24sh4 (Hollywood Reporter)
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