buy

Source: http://feeds.gawker.com/~r/gizmodo/vip/~3/XKH9hGo4bm8/file+sharers-buy-30-percent-more-music-than-non+sharers

File-Sharers Buy 30 Percent More Music Than Non-SharersA massive public policy study has revealed that on average file-sharers buy 30 percent more music than their non-sharing counterparts. That suggests that the record labels’ self-declared enemies are in fact their best customers.

The study, known as the Copy Culture Survey, was carried out by the non-partisan American Assembly, and the results were teased yesterday. It’s based on thousands of in-depth telephone interviews across the US, and it’s probably one of the most thorough reviews of media sharing habits to be undertaken.

The results, which seem to fly in the face of assumed record label wisdom, show that file-sharers buy 30 percent more music than their non-sharing counterparts. Interestingly, it also points out that offline copying is far more prevalent than online music piracy.

However, it’s also worth pointing out that self-confessed P2P file sharers reported having larger music collections. So, it might not be all too surprising that music lovers, with bigger music collections, also buy more music: a taste for media consumption encourages both file sharing and purchasing.

That, along with the news that offline piracy is a bigger concern, is something the record labels need to wrestle with. [American Assembly via Torrent Freak]

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Tuesday, October 16th, 2012 news No Comments

Entrepreneurs Can See The Future, And Here’s What The Future Looks Like

Source: http://www.businessinsider.com/ron-conway-startups-trends-future-2012-1


Ron Conway

SV Angel’s Ron Conway has been an investor since 1994.  In this month’s issue of The Economist, Conway writes his 2012 startup predictions.

First he says the social web has hardly reached maturity. We’ve only seen the beginning of what’s possible via Facebook. “Some 90% of the world’s data have been generated in the past two years,” he writes.

Conway thinks social interactions will be at the heart of most new products moving forward. They’ll influence everything from search results to how mom and pop shops conduct their businesses.

Conway also notes how quickly startups are seeing success at the local level. Groupon built a multi-billion-dollar business in three years. Conway wonders if we’ll see a startup become a true $1 billion business in 12 months in 2012.

The biggest trend Conway sees is something he calls “collaborative  consumption.”  By that he means people area willing to share or rent things instead of buy them. Airbnb and ZipCar are good examples of this.

Conway concludes by saying why he loves startups. “The answer is quite simple: these entrepreneurs share their vision of the future with me. And every so often, their vision becomes the future. What could be more interesting than that?”

To read the full article, head over to The Economist >>

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Tuesday, January 3rd, 2012 news No Comments

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