« Startup Watch: Fellowforce.com (the Business Smarts of Strangers) | Main | Yahoo Prez Susan Decker Bets $1 Million On Its Stock »

August 10, 2007

Comments

Marc Cohen

In his famous article "Marketing Myopia" Professor Ted Leavitt described the buggy whip industry and observed that no amount of product improvement could prevent the evaporation of the industry.

The record industry is on its way to becoming a new buggy whip industry. Eliminating DRM is the kind of ineffective product improvement Leavitt described.

The industry needs to reinvent itself is a free, ad-supported medium.

Check out the Ad-Supported Music Central blog:http://ad-supported-music.blogspot.com/

Alag Arasan

Am I missing something here. If every thing of value is given away free in return for ad support, just what is it that the supports the ads? Just Cars and grocery?

The comments to this entry are closed.