An interesting Open Source podcast discussion from Steven Pearlstein of the Washington Post on how ‘quality’ content will become more valuable in the future (~ timestamp 5:00 - 12:00).
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Murdoch Connection
The discussion was sparked by Rupert Murdoch’s bid for the Wall Street Journal. Via a Forbes article, Murdoch describes the current media revolution:
Fans of small niches […]
Archive for the 'New Media Economics' Category
Jason Fry’s impressive article in the WSJ yesterday echoes much of what we’ve been saying around here for some time. He talks about the foolhardy attempt by some Belgian media outlets to sue Google for linking to their content without paying for it. More generally, however, the article describes something of the havoc that […]
An interesting discussion on the ‘Re-ordering of Everything’ inspired by David Weinberger’s new book “Everything is Miscellaneous” on the Open Source podcast.
You can listen to this podcast here:
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The core premise is that in the physical world traditional rules of taxonomy dominated, with everything having to be in some place and things only being in one […]
Here at Praxis we are of the belief that training media will inevitably be forced to adapt to the same industry dynamics that are affecting mass media. While the analogy does not hold in all cases, it does serve as a valuable source of new product development ideas.
RSS-creator, Dave Winer, and his ‘River of News’ […]
A revealing article on the realities facing old media. Replace ‘training media’ for ‘media’ and the implications are very similar.
For old (training) media, the magnitude of changes equates to Galileo pointing out that the universe doesn’t revolve around the Earth. Traditional (training) media are being rapidly decentred as the key source of (training […]
The Economist has an insightful article about how Google’s book scanning project may set off a wave of ‘unbundling’ in the publishing industry. As a training media company, we here at Praxis are especially interested in how this will affect textbooks in particular.
Sample quote:
People do not read fiction in order to accomplish a specific task […]
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