Mass media, less lame
11 December, 2005“It wasn’t that I was anti-popular culture or anything and I had no ambitions to stir things up. I just thought of mainstream culture as lame as hell and a big trick” says Bob Dylan in Confessions.
The web makes media less lame. Umair Haique explains theoretically why this should be and demonstrates that it will be a permanent effect: The New Economics of Media (long PowerPoint presentation). In short, the web increases the returns on investing in quality content and reduces the returns on marketing it.
John Battelle confirmed this theory anecdotally. Asked, “How do you market content in the new economy?” he replied “You can’t (except for a little bit of AdWords), you’ve just got to make it as good as possible and hope it spreads.”
(Link via: Paul Fisher)
