The New Economics of Media

this slide was created by umair haque dated 2005.  simply becuase today reading wwgd reminded me of this slide and wanted to read it.  but since i don’t have power point installed on my laptop (to save disk space) here is the alternative nice way to read it without installing it.

The New Economics Of Media

View more presentations from DaveDuarte. (tags: new-media web2.0)
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A blog is a home

to be sure, blog is personal as advocated by many such as dave winer. so i used to think Blog=Person. The notion of “home” and “away” applies here. On the other hand, the emerging messaging tools such as Twitter and Tumblr are making that notion irrelevant, where there is essentially no “home” or “away.” Thats why tumblr not having “comment” feature.

The definition of “new” (now) is being changed by twitter

With increased update cycle, blog posts once changed the definition of “new”(or “now”) that we had used to with the traditional media, broadcast or print. I think now is the time to re-define “new” (or “now”) again with twitter, which allows only 140 characters per twit(ter)  but with an amazingly higher update cycle than any other existing publishing tool. Wonder if Google or Technorati is going to capture this whole data set (say, every 5 minutes? And wonder if it is any meaningful at all?).

Being spontaneous, I bet, the quality of each twit(ter)  is so low. Yet I think we should embrace that spontaneity at the cost of quality, just like we did so with blog posts to traditional media. Besides, I have the feeling we have so many blogs posts that are essentially redundant including mine; we should often be able to boil down what we are going to blog post to a twit(ter) of less than 140 characters.

Obviously it is about the trade-off between Spontaneity and Time-To-Edit (hence, Cost of editorial).

editorial_spontaneity_tradeoff

definition of

Amazingly enough I searched “twitter search” and found, among many, this thing called twittersearch. WOW, Really amazing!

Update: Incidentally, thanks asyuu for pointing me at mybloglog blog; mybloglog is now being integrated with twitter account but so far I can not figure out how. I did myself somewhat similar a couple days ago instead by placing my mybloglog URL in twitter homepage section and my twitter URL in mybloglog homepage section in the hope of visitors being cross-referenced.

Update2: Just found the blog post by Andrew Parker where he believes many blog posts can be a twitter post less than 140 characters. I totally agree.

the reading (& watching & listening) list for music industry

In “How Napster changed the world,” Don Dodge notes “Pioneers are usually unsuccessful“. I think there is some truth in considering iTUNES and iPOD rather followers than pioneers. Reference: Apple’s strategy a familiar tune. Matthew Yi, SF chronicle, August 16, 2004

The concept: the whole entire music library FITS IN YOUR POCKET. Steve Jobs seems to intend to be a market leader when he knew there was no market leader.

Sales of Music, Long in decline, Plunge sharply, originally WSJ

Music in an abundance economy, the long tail , as well as “Give away the music, sell the show.”

The New Economics of Music: File Sharing and Double Moral Hazard / Umair Haque

digital music section, shark jumping

is music dead?

Looking beyond iPhones / David Kirkpatrick

Don Dodge makes an analogy between the habits of a mouse to that of the music industry .

David Kirkpatrick of Fortune notes in “How Viacom could really protect its content“:

Some people, in the end, did stop downloading free music, but it wasn’t because of the record company lawsuits, for the most part. It was because Apple created a convenient and affordable way to get music legally, called iTunes.

Mark Cuban says CD is dead.

EMI and Apple say no DRM for you. The step is being made almost 60 days after Steve Jobs post his thoughts on music.

Yahoo’s new media device, reported by Arrington, somewhat similar what Rojas, Winer, and, Calacanis talking about a few months ago.

how the word-of-mouth catches up

Obviously Softbank mobile X01 HT is backed up by mass advertising (I mean, indirectly), while mylo and fon not backed up by mass advertising. H01 curve is steep, others’ more slow and gradual in mixi community size comparison. But hey they all surely catch up.
comparison_mixi

UPDATE: According to technorati.jp, “X01HT” is ranked as 3rd popular word, indicating the phenomena. I am also glad to know technorati.jp now has favorite tab, which has only been avalable in technorati.com (English).

UPDATE: FON increased significantly from 132 to 429 after the launching campaign on Dec 5, accompanied by La fonera giveaway for 5 days, Fon Night event in metropolitan Tokyo. It was covered by major media such as CNET Japan, IT Media (Online), World Business Satellite (News program, on channel 12, Network TV), Newspapers (which I haven’t confirmed the detail though).

comparison20061209

Graph updates here at flickr.

Technorati technorati tags: , , , , , ,

who is mixi id =1?

Interestingly, it is MIXI CTO http://mixi.jp/show_friend.pl?id=1 and id=2 is its president http://mixi.jp/show_friend.pl?id=2 . Obviously, the Word of Mouth (WOM) spread from these two guys, via invitation after invitation after invitation.

By the way, the face of mySpace Tom immediately becomes your friend upon signing up with mySpace: http://www.myspace.com/tom

While Mixi is by-invitation only and mySpace is free to join, seems the key persons at MIXI and mySpace are equally open and friendly to its members. It is interesting to see how mySpace will tailor its openness and friendliness to Japanese SNS market and generate WOM, when they will enter Japan’s SNS market (via Gen Kanai blog) this fall with the 50:50 partinership with softbank.

What gyao doesn’t get

Gyao.jp is one of Japan fastest growing free of charge video streaming services, with a registered membership of 9.6 million+. Despite its self-proclaimed success, it, too, has the typical “directory” type user interface, akin to Yahoo’s. Might be comfortable to those who are accustomed to viewing TV by channel. At the same time, it will limit its growth in its own right. What a significant contrast to the user interface of YouTube.

Update: graph In addition, if they’d listen to what Joshusa Schachter preaches here (via himazu blog), gyao.jp would not have made it a mandatory for a new user to fill in all the profile information at the time of registration. It is a total waste of every opportunity; by no means worth the effort of anybody. But I understand a client generally likes it; but it is our job to convince the client not to pursue whatever won’t work. Note amazon would not ask any of these. Nor does flickr, nor does del.icio.us, dor does youtube, so on and so forth. It’s only tagging, not profiling.

User interface is a passion

“User interface is a passion.”

No, he didn’t use that phrase in his presentation. Or, might not even think so by himself. But that’s what I read from the presentation made by the founder of del.icio.us, Joshusa Schachter. Somewhat technical, but nothing technical in the spirit, worth listenning even if you are not a web programmer (and I am not) but seriously concerned with the user interface of any consumer technology tool. Follow the link the future of web apps for MP3 audio (about 40 minutes, February 2006), via himadzu blog.

And here is Steve Rubel’s interview with Joshusa Schatcher, December 2005, for your reference.

Why hesitate?

Among Japan’s major newspapers, Yomiuri, Asahi, and Nikkei, I could not find any XML or RSS guidances in their respective top pages, whereas it is so easy with nytimes.  

On the other hand, both my.yahoo.co.jp (my yahoo) and Google ( personalized page ) make it easy to add Asahi and Nikkei feeds in their RSS feeds readers.  This morning, I found it very hard to add asahi and nikkei feeds into my netvibes.com, which I have been using since then.  Finally I was able to add them only after I googled (for example) “nikkei rss.”  Why would the Japanese newspapers hesitate to promote RSS feeds?