Davos optimism about new media business models
By: Paul Sagan
That’s certainly not a headline you could have written in years past when corporate leaders from the IT, Telecom and Media & Entertainment sectors gathered together at Davos, what with file sharing decimating the music industry and digital movie theft presumably not far behind. But what a difference a year makes. This winter under the gentle snows of Davos, there’s a new theme among the old crowd: broadband adoption has reached critical mass levels (at least in the States), acceptable DRM is available at least to solve low-level needs, and consumers have demonstrated they’re willing to pay (at least for music at 99 cents a song). So, there’s a new spirit of cooperation among the sectors and a little future-gazing that’s predicting a break-out year in 2005 for new online content programming.
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Paul Sagan
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