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Weekly Digest on the Music Industry – April 19, 2009

Posted on 19. Apr, 2009 by Antonella Stellacci.

BREAKING NEWS

The Pirate Bay Verdict: guilty

-Wired: Why File Sharing Will save Hollywood, Music.

A good read on the importance of sites like The Pirate Bay “The complete DNA of social media was right there, from the very start of P2P”: buddy lists, user uploads, filtering content by user, viral marketing, ad-supported content and the potential of mining valuable data. “Even as the content industry celebrates another false victory over file sharing, the world is moving on, to cloud-based, on-demand streaming services — some licensed — where you can hear music and watch videos faster and in a more social way than you can with bit torrent. And as content holders look to monetize those networks, P2P networks provide the only useful template, because they share so many characteristics with today’s social-media networks”

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