Well, it depends who "you" are. If you're an aggregator, sure. But if you're like the majority of Long Tail microproducers, direct revenues can be harder to come by. I was reminded by this Valleywag post that one of the most common misunderstandings of the phenomena is that it somehow makes it easy for individuals to translate low popularity into riches. Here's the key part of the post: I'm beginn
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The one you canât put down. The one youâll never forget. Some time ago â in 1934, to be precise â our founder was waiting for a train and couldnât find anything good to read. What was needed, he realised, were quality books at a reasonable price. And so he decided to change things â the following year Penguin was launched, kickstarting a paperback revolution that would sweep the world. Today, our
A couple times a year, I take a statistical look at mainstream entertainment and media in decline. All figures are year-on-year comparisons unless otherwise noted. (The last version of this, from November, is here). Down: TV: network TV had its lowest ratings week ever in July. Music: weekly album sales set a 10-year low in July. For the year, CD album sales are down 4.2%; although digital single
On Saturday I was in LA speaking at the Directors Guild of America, opening their annual "Digital Day" with a talk about the declining share of blockbusters in much of media and entertainment (Hollywood being a glaring, but perhaps not lasting, exception). Aside from showing a bunch of low-res web video to make the amazing 4k and 3D video that came later in the day look all the better, my main fun
A few weeks ago, I cheekily quoted my favorite author, Malcolm Gladwell, saying "Without the New York Times, there is no blog community. They'd have nothing to blog about." Acknowledging that Malcolm meant this at least partly tongue-in-cheek, I nevertheless argued that it echoed a notion oft-heard in media circles that blogs were simply derivative ("low-value-add chatter about our stories"). And
Congratulations to Disney and Depp! Pirates of Caribbean: Dead Man's Chest has set an opening weekend record of $132 million. Does this mean that the blockbuster is back, contradicting my thesis? Well, first of all I've always said that Hollywood was going to be the last bastion of the blockbuster (most of the hits-in-decline examples I've been focusing on are in music and TV), so I'm not surprise
I am, in full disclosure, a member of the Media Elite. I'm a Conde Nast editor, run a glossy mainstream magazine, spent much of my career at The Economist and consort with known journalists. But nothing annoys me more than the oft-heard assertion within media circles that without us blogs would be nothing. This is so commonly held a belief in the industry that it is unfair to pick just one example
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The era of the blockbuster is so over. The niche is now king, and the entertainment industry â from music to movies to TV â will never be the same. On March 21, 2000, Jive Records released No Strings Attached, the much-anticipated second album from NSync. The album debuted strong. It sold 1.1 million copies its first day and 2.4 million in the first week, making it the fastest-selling album ever.
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