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March 05, 2015

"Where The Money Goes- How Music Sales Profits Are Divided"

Touring is where the money is at: artists supposedly get about 60% of the ticket price.

March 02, 2015

"20 Secret Tips Everyone Who Shops On Amazon Needs To Know"

My family really likes Amazon.

Some more interesting reading on Amazon:

"The myth of Amazon's ebook monopoly, in two screenshots".

"Amazon's Profit Shows How Few People Understand The Way The Company Works".

" Could Start The Mother Of All Price Wars".

February 28, 2015

"How Does the Film Industry Actually Make Money?"

Adam Davidson, New York Times:

The reason a majority of movie studios still turn a profit most years is that they have found ways to, as they say, monetize the ancillary stream by selling pay-TV and overseas rights, creating tie-in video games, amusement-park rides and so forth. And the big hits, rare as they may be, pay for a lot of flops. Still, the profits are not huge. Matthew Lieberman, a director at PricewaterhouseCoopers, expects growth over the coming years to be somewhere around 0.6 percent.

February 19, 2015

"Norway Has Figured Out How To Solve The Problem Of Music Piracy"

More evidence that draconian IP laws are beat by a better business model.

February 10, 2015

", Inc. Just Admitted It's Losing Billions"

I love Amazon as a customer but this seems like a red flag for investors.

February 05, 2015

"How do I learn about big data?"

It's too late for me, but if you know a young person thinking about careers, this might be of interest.

February 04, 2015

"McDonald’s Is Microsoft: And it’s getting beat by the Google of hamburgers"

"Creative destruction" in action.

The opposite of the “Walmart effect” understanding of how the economy operates, a view more prevalent among people who like or simply understand capitalism, is the “Bill Gates’s nightmare effect.” Back in 1998, when Microsoft was at the height of its power — it had just become the world’s most valuable company — and Gates was at the height of his prestige, he told Charlie Rose that what worried him wasn’t competition from IBM or Apple or Netscape: “I worry about someone in a garage inventing something that I haven’t thought of.” That was in March of 1998; in September, two guys in a garage in Menlo Park incorporated Google. Gates was correct and incorrect at the same time: Microsoft was surprised by Google and also lost ground to Apple, a company that many technology watchers at the end of the 1990s believed was at the end of its days. Microsoft had market power far in excess of what Walmart enjoys, but it got its flabby corporate butt kicked by a couple of kids.

February 03, 2015

"The Future Of Music Business Models (And Those Who Are Already There)"

Yes, indeed.

The idea that you "can't compete with free" or that free means there's no business model is a myth. As [Trent] Reznor and others have recognized, when the music goes free, it opens up new opportunities for better, stronger, more efficient business models. 

Link via Michael Greenspan.

January 31, 2015

"A 13-Year-Old Made A Revolutionary Invention Out Of Legos And Now Intel Is Investing In His Company"

I can't decide whether this is good news or bad news. Good news: we have a country where a 13-year-old with a terrific idea can be honored and rewarded for it (and attract investment from one of the world's largest companies).

Bad news: where were all the adults? Why did it fall to a 13-year-old to think of this?

January 15, 2015

"The Real Reasons Trader Joe's Wine Is So Cheap"

What you suspected seems to be true: at $2/bottle, a couple of corners have to be cut.

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