Friday Business Links
French president Sarkozy has introduced an Internet policy plan that will cut off the Internet access of repeat offenders. A new government agency is to be created to demand data on suspected offenders from ISPs. The plan, drawn up by a retail executive, includes a few concessions to consumers: Downloads will be available without DRM, and movies will be released on DVD six months after they are shown in theaters. (The Register)
The New York Times' Freakonomics blog has a Q&A with singer-songwriter Jonathon Coulton (you may have read about him in the April 2007 Times article on Internet-based musicians). One quote, having to do with the differences between mainstream and niche media, really stood out: "I think the best way to talk about the distinction is to say that Internet buzz has a very direct correlation to traffic and therefore sales, whereas mainstream media love tends to have more long-term benefits." So very true. Internet advertising can offer an immediate return on investment -- which can be falsely reassuring to those who have for years blindly accepted that advertising works -- but the effects can be very short-lived. (Freakonomics, via Digital Audio Insider)
EMI Music UK is working with Art Vinyl, a designer frame manufacturer, to market its vinyl records along with frames. Art Vinyl frames flip open and allow the user to insert a vinyl record sleeve. (Press release)
In Australia, PayPal and Warner Music are expected to start selling tickets and mobile concert tickets before the end of the year. (The Age)
Two music companies made Mashable's list of 2007 turkeys: video site Bolt.com (Universal Music Group is an investor) and the ever-morphing Snocap. On Bolt.com: "Bearing in mind that rival YouTube also turned a blind eye and saw massive growth as a result - while more diligent law abiding startups failed to get any traction - we can put this down to a calculated risk that didn’t pay off this time around." As the old saying goes, First get an audience, then worry about licensing content. (Mashable)
Record Mart, a Latin music store located in the Times Square subway station in Manhattan, has reopened after being closed for nine years. (NY1.com)
Music Groups