Why File Sharing Will Save Hollywood, Music
April 19th, 2009
Eliot Van Buskirk provides insight into how the Peer-to-Peer model of file sharing is working its way into the business models of media moguls:
Facebook, MySpace, imeem, YouTube and other social media sites — which the labels now recognize as a major part of their revenue streams going forward — incorporate several aspects of Napster and other early, rogue file sharing networks: buddy lists, user uploads, filtering content by user, viral marketing, ad-supported content and the potential of mining valuable data. The complete DNA of social media was right there, from the very start of P2P.
Full story on Wired.com