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Ernest Miller Ernest Miller pursues research and writing on cyberlaw, intellectual property, and First Amendment issues. Mr. Miller attended the U.S. Naval Academy before attending Yale Law School, where he was president and co-founder of the Law and Technology Society, and founded the technology law and policy news site LawMeme. He is a fellow of the Information Society Project at Yale Law School. Ernest Miller's blog postings can also be found @
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« The Deer Have Guns and the Hunters Are Getting a Makeover | Main | Cellphone Videogame Glut »

May 30, 2005

Let Howard Stern Pick Your Music

Posted by Ernest Miller

Rex Hammock continues his series on "How Apple will change everything about Podcasting" with post #2 (How Much Could Howard Stern Make Podcasting via iTunes vs. Broadcasting via Sirius?). In this post he bashes micropayments and looks at business models in which podcasters act as buying agents for their listeners, providing them with music and getting a kickback (ahem, commission) from the fees the listeners pay. A very interesting model, whose basic idea I like. However, the current economics of paying for downloaded music ($0.99/track) make this most likely a non-starter.

At that price, how many tracks will I buy a month? Not many, perhaps a dozen or so. How will I allocate my buying agents, knowing that every bad choice they make essentially costs me a dollar? Not sure I'd be too experimental in such a case.

However, drop the price substantially and this starts to look much better. Might this not work with a voluntary alternative compensation scheme as well? Lower prices for higher volume?

Things to consider.

Comments (1) + TrackBacks (0) | Category: Broadcatching/Podcasting | File Sharing


COMMENTS

1. chester on June 1, 2005 03:57 PM writes...

I invented podcasting. hoo hoo

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