MP3 Layer-3 Support Creating New Market Conditions for Music Search
As the mp3 juggernaut rolls on, Mp3 music search legal jihad against downloaders seems to be at a stalemate. Nine years and some 20,000 RIAA-sanctioned lawsuits later, the Tenenbaum and Thomas-Rasset trials mark one bookend to this decade’s mp3-related legal action; despite the fact that prosecuting music listeners does little to stop piracy and even less to create new markets for recorded music, the major labels refuse to abandon their strategy. In the meantime, other players in the music industry, from multimedia companies such as Macromedia (Shockwave) and Telos (Audioactive), to game developers and a host of hardware makers, are implementing products with Layer-3 support.
MP3 Music Search: Simplify Your Search with Tubidy
The wide availability of both software and hardware and a growing installed base are creating market conditions that will make mp3 a permanent part of the digital audio ecosystem. This market penetration will drive positive feedback effects that should encourage music consumers to invest in a larger collection of high-quality MP3 files. This in turn should stimulate demand for higher-quality recordings and increase the resale value of existing collections. Companies that exploit this opportunity, by utilizing differential pricing strategies, should be able to extract consumer surplus and generate a return on investment that will offset their initial capital outlays in developing new market infrastructure.
… Read More