Logical Proposition; Digital media vs conventional media

4004735013_55cf0a1ed0

News Corp. Chief Executive Rupert Murdoch set the Internet abuzz Monday after an interview appeared online in which he said the company is considering blocking Google from being able to search its Web sites. “I think we’ve been asleep” is what he said. Echoing accusations of “parasitism” and “kleptomania” that other News Corp. execs have levied [...]

Time to Cash Out: Why Paper Money Hurts the Economy

Two years ago, Hasbro came out with an electronic version of Monopoly. Want to buy a house? Just put your debit card into the mag-stripe reader. Bing! No more pastel-colored cash tucked under the board. Turns out it wasn’t Lehman Brothers but Parker Brothers that could smell the future. At least, that’s what participants at [...]

A tragic tale of Free gone horribly wrong

Jon Lund, the head of the Danish Internet Advertising Bureau, and I had dinner in Norway last week and he told me the chilling story of the crazy free newspaper war in Denmark that almost killed everyone involved. I thought it was an important cautionary tale of Free gone wrong, and I encouraged him to [...]

Terrific survey of free business models online

From Box UK, a survey of business models used by the top Web apps, most of them variations of ad-supported Free and Freemium. In the chart below, the largest segment (ITA) is ad-supported, the second largest (ISV) is Freemium. After that is referral (ITR) and then the sale of virtual goods (IPV), such as the [...]

My Letter to the Economist

To the Editor, As a former Economist technology writer, I understand the attractions of “simplify, then exaggerate”. But in the case of your article on freeconomics (“The end of free lunch—again”, March 19th), you have done a bit too much of both. First, where is your evidence that online advertising is a failing model?  To [...]

I Am the Long Tail – the movie

The Internet Advertising Bureau (IAB) has just released a seven-minute movie called “I Am the Long Tail”. Here’s an excerpt of their description: Analysts estimate there are as many as 1.2 million Web sites that support themselves by selling advertising, through their own sales forces or ad networks. Most of them constitute the vaunted "long [...]

Open source is a company; social media is a country

At the Sourceforge breakfast this morning we got some questions on what the organizational differences are between open source and social media. Here’s my answer: One of the paradoxes of early 20th Century management was the observation that companies are best run as dictatorships, while countries are best run as democracies. Why was this? Management [...]