Gulfstream

Entry Posted December 7, 2005

http://www.slate.com/id/2131573/ Adam L. Penenberg proposes that Apple run iTunes like a stock market, with price determined by demand. “The more people who download the latest Eminem single, the higher the price will go. … Music prices would oscillate like stocks on Nasdaq, with the current cost pegged to up-to-the-second changes in the number of downloads. In essence, this is a pure free-market solution—the market alone would determine price.” One issue relating to this sort of idea is that the tracks aren’t transferrable, and this, combined with the fact that Apple know which tracks you bought, means that they could in theory apply per-customer pricing. (Own Kate Bush’s entire back catalogue? Well then you’ll likely to be willing to pay a premium for her latest album.) 09:28

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Odyssey (phoenix.gargs.com):
… advertising for the intellectual work. When companies calculate the money lost due to piracy, they conveniently ignore these two important points. There have been several pricing models proposed. I like thecommodity market approach …

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