May 11 2008

How Free Music Is Quickly Becoming Free Everything

How can you make money on the web when people want everything for free? In a word: externalities.

Swaying CrowdLike most people who enjoy music and are technologically savvy, I have a lot of tracks on my hard drive.

And by that I mean somewhere in the range of 32 gigs. iTunes tells me that I could hit ‘play’ and leave town for 17.3 days, and it would still wouldn’t have played all the available tracks.

That’s a bit ridiculous. Especially considering with a few clicks more, I have access to a seeming unlimited amount of free internet radio stations. I have way more music that I know what to do with.

What a difference from 10 years ago. Remember when your library was constrained by your wallet and the physical limits of the cd rack in your bedroom?

In essence, music has become free (and I don’t mean because your pirated it). It’s abundantly available for very little or no cost. And in most cases, it’s the distributors, not the producers that care. And it’s rapidly becoming the same for TV shows,

Continue reading