This is a story I plan to follow because if there is one thing I like more then business stories, it is business stories that relate to the music industry and how new models are being studied to revive this faltering industry. According to The Register a new report about P2P networks will be released tomorrow which will recommend amongst other things that copyright holders recognize P2P networks as a broadcast medium, one which can be tapped with more reasonable fees for music downloading.
The other ‘whoa’ moment for me in this article was the mention of a study that debunks the Long Tail business model as overly optimistic and does not necessarily pan out as predicted by Chris Anderson in 2004. I don’t know if I am quite ready to give up on that fairy tale yet, but the articles are wonderful food for thought.
P2P study: Music crackdown is bad for business via The Register