Below is a Web version of a white paper (pdf here, embeddable Slideshare document here) I prepared for Anita Crofts’ Emerging Markets in Digital Media Fall 2009 course in the University of Washington’s Master of Communication in Digital Media program. The paper, entitled “The Emerging Market for Pocketmedia Storytelling in the Developing World” (and accompanying slide presentation, embedded at top) was delivered 5 December 2009, in the Communications Building at the University of Washington.
Posts Tagged ‘MCDM’
The Emerging Market for Pocketmedia Storytelling in the Developing World
Saturday, December 5th, 2009Post-class Reflection: Economics 101, courtesy of Monday Night Football, Chris Anderson, and Mickey Mouse
Friday, October 30th, 2009
I’ll explain what this image is about momentarily, but first, let me begin with a prologue. Tuesday night in my Net Economics course at the UW MCDM a lively debate, to say the least, was had over Chris Anderson’s new book “Free”; whether free as a concept was good or bad. I took the free side, but it made me feel a little lonely. I almost felt like I was the only student in the room who believed that it’s a good thing that we’re moving towards a digital economy based on giving bits away, harnessing business models that find alternative sources of revenue. For instance, a fellow student mentioned that Microsoft has a 90% market share of netbook operating systems, a testament to the strength of their software, no doubt. However, I posited that if MSFT went the Anderson route and gave their OS away for free they could have a 100% market share. I’m not going to say what the reaction to that was, but considering our proximity to Redmond and the makeup of the class, which includes Microsoft employees, you can take a wild guess…
Anderson’s “Free” starts out by giving us a quick economics briefing, using that as backdrop to defend the notion of ‘free’. He explains that, for instance, traditional, or old media has used a third-party advertising model to earn revenue while still providing a “free” product. I may not pay for 30 Rock, but when I buy products advertised during commercial breaks on TV or in interstitials on Hulu, I am still giving my money to NBC. It’s pretty basic and has worked for Google, a benevolent empire that has largely amassed their wealth through selling advertising and diversifying revenue streams. Of course, the model isn’t absolutely identical – the web magnifies things by presenting opportunities to apply wisdom gleaned from specific metrics and target users with relevant advertising, as well as ways of satisfying niches with long tail services – but the principle is the same: subsidize one product (free content) with money made from another (paid ad space). Multiply and diversify.
With the notion of one product funding the other in mind, I further illustrate the point by explaining how I helped inadvertently save ABC, Monday Night Football, and the Disney company in 2004. Maybe. Or not. But keep reading! I think you’ll enjoy the reasoning anyways!
Learning goals for Net Economics
Friday, October 9th, 2009This quarter in the MCDM at the University of Washington (my final quarter, w00t!), I am taking a course entitled “Economics of Digital Communication”. During introductions in the class I rightly indicated that I am only in the class because it is one of the two being offered this quarter that I had not yet taken. I don’t know anything about economics, and I am not certain it’s a field that is of any interest to me. However, after one night of class and doing some reading for my other course, also related to economics, I am beginning to feel much more interest. I am realizing that economics is actually a realm expressly critical to everything we do, because there is a dollar sign attached to everything in the universe, or so it seems.
This isn’t at all to say I know absolutely nothing about technology and business, if not specifically economics. I know plenty about innovation, incumbents, disruptors, and so forth. But, now I need to learn about the Information Economy. And, gladly, our instructor has been going over the basics of economics already, so I feel I won’t be utterly lost in this course.
Two words for Walter Isaacson
Tuesday, February 10th, 2009Walter Isaacson of the Aspen Institute appeared on The Daily Show Monday, February 9th, to discuss his recent cover article in Time Magazine about ways to save the dying newspaper industry. During his interview with Jon Stewart, he talks about how he’d like to see on-line versions of newspapers charge for articles in a manner similar to the way iTunes charges for songs. While I don’t condone piracy or copytheft of any kind, I do have two words for Mr. Isaacson: COPY, PASTE
Anyway, here’s the video:
Walter Isaacson on the Daily Show
Why do I feel like he’s dug up a dead horse? Barriers to entry for illegal filesharing are minimal at best these days; but circumventing news subscription services is an absolute piece of cake! I can’t think of a single time I have come across an article hiding behind a subscription service, usually mentioned in a forum at a news aggregator like Digg or Fark, where someone didn’t simply copy and paste the content to the forum or other venue for everyone else to see.
Stewart astutely posits the idea of news aggregators, like HuffPo or Drudge Report, giving portions of their ad revenue to sites that they link to, akin to a cable TV model. This seems a much more practical idea than returning to subscription models, but getting aggregators to play ball will be no easy feat. If major aggregators cave, others will crop up that don’t play, and the model will eventually fail.
Maybe journos should follow their broadcast journalism and cinema studies friends, ditch their keyboards, grab a camera and go find some news to shoot. As mentioned, video isn’t much for copypasta. And that’s the sort of thing the UW MCDM is preaching.
Reading Reflections: The telephone, recorded sound, semiconductors, and the interesting paths of invention and diffusion – plus predicting the future in 1945!
Tuesday, February 3rd, 2009Yes, that’s a long title, but I have so much to talk about! This week’s readings for my Evolutions and Trends in Digital Media course covered myriad subjects, but I have been able to draw out some common ideas and will assiduously attempt to tie them all together here. We students were asked to take a look at some more of Brian Winston’s book, Media, Technology, and Society, on the subject of the telephone and recorded sound, as well as Clay Christensen’s Seeing What’s Next, regarding the semiconductor, and lastly, Vannevar Bush’s prophetic 1945 treatise “As We May Think“, which rightly predicted the era of the computer. I will somehow connect these works together and bring them all back to the subject of communication in general. Wish me luck!
















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