Skip to main content

Dvorak says Screw Digital-Rights Bugaboo

According to John Dvorak, the content owner's DRM mantra is actually a smoke screen for their anti-competitive behavior, and the protection of a broken legacy business model that intentionally bundles small pieces of good content with lots of 'crap' content.
"The record industry needs DRM more than the movie industry does, because it needs a surefire way to keep people from copying the one good song from an album. It needs the leverage of that one good song to continue to gouge the public with high prices. In many instances, the one good song per album actually amounts to the user spending $15-$18 for one song, since the other ones are junk. The record industry folks hate iTunes and other single-song distribution mechanisms for this reason. They've even suggested that certain singles be sold for more money than usual. They are trying to recoup all the money they would have made selling albums with one good song and 13 pieces of crap.

For the people who run the movie industry, these DRM systems are important so they can carefully orchestrate the worldwide marketing campaign for a movie and not have to worry about it getting into the hands of, say, the Germans months before its theatrical release in Germany. That would ruin the marketing campaign. Movie-business executives also see themselves as being in the music business, with they themselves being the orchestral directors. They pose as conductors wearing tails, directing a marketing symphony."

In summary, Dvorak accuses the entertainment sector of self-inflicted damage, based upon their own continued inability to adapt to demand shifts in the marketplace -- "They do everything they can to ruin their own business by refusing to change anything, and making it difficult for the consumer to do what he or she wants to do."

Popular posts from this blog

Global Digital Business and IT Consulting Outlook

Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth

Open Banking Usage to Grow by 470 Percent

The Open Banking business model has been advantageous for Third-Party Providers (TPPs), helping them to extend their offerings into other areas of financial services with new capabilities. Open Banking is also advantageous for traditional banking institutions, despite the perceived loss of custodianship over their data, by providing greater accessibility to more bank services. Furthermore, Open Banking can help serve Mobile Internet providers that are able to leverage it to create tailored services according to customers’ preferences and/or economic limitations. Open Banking Market Development Since traditional banking services are made more convenient by TPPs via greater data access, customers can proactively manage their finances and shape the development of new financial offerings. This is particularly noticeable in the realm of Digital Payments, where retail merchants and customers transact through eCommerce, which has the greatest number of use cases for Open Banking. These includ

Why Instant Issuance Payment Cards Evolved

The global financial services sector continues to grow as more progressive organizations seek to gain a meaningful competitive advantage from their digital transformation initiatives. Across the globe, many regions are seeing a significant rise in 'instant issuance' activity from a physical and digital perspective, from both traditional and emerging innovative banking institutions. Digital Payments Market Development Customers increasingly demand instant access to banking services, with physical instant issuance enabling them to leave their branch equipped with a ready-to-go payment card. According to the latest worldwide market study by ABI Research, the market for instantly issued physical payment cards will increase from 243.2 million shipments in 2022 to a forecast of 471.1 million in 2027. "Critically, instant issuance of payment cards is no longer limited to the physical," said Sam Gazeley, industry analyst at ABI Research . Indeed, the growing digitization of p