Comparing the study of digital media economics, with another subject like engineering, what has become clear to me is that in media industry, anything is but clear. That makes it more challenging and exciting at the same time. And hopefully I can summarize the views from a few different perspectives in a few simple words:… [Read more…]
November 26, 2009
In the past few weeks, we have learned a lot about dramatic changes that have been taking place in the age of digital media. From the free model to peer production, we seen wealth of information created, as a result of the liberating power of the Internet. But often we question whether the expansion of… [Read more…]
November 19, 2009
Our small group (Vera, Pei-Chieh, Michelle) had an interesting discussion last night. We started by asking, if “free” is the better model, then how is it economically sustainable in the long run? In other words, if the Microsoft’s of the world will ultimately lose to free peer production, where would all the paying jobs go?… [Read more…]
November 5, 2009
Do you know Gillette’s razor heads are the most shoplifted product in the UK? It was so bad, not only the package is protected by electronic tag, some stores also installs monitoring system that automatically activates when the product is removed from the shelf. A pack of eight razors costs £18.53, that’s almost $30! A… [Read more…]
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December 10, 2009
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