Monday, November 28, 2005

Marketplace for Content

Michael Parekh's interesting article on consumers setting the price for content.

"The following struck me after reading the NYTimes article and Joel's post:

Despite having all the resources of the Internet, from Web 1.0 to 2.0 and beyond, and after over a decade of Internet commercialization, there really is no ONLINE mechanism where consumers can send pricing signals of their own back to publishers on individual pieces of content, be it music, movies, books or otherwise.

There's no eBay like marketplace where content can find it's own value as stocks do in the stock markets."

"But there's no online site that gives you a sense of what a piece of content is worth from a consumer point of view..

But there will be.

After all, Content ultimately seeks Attention, and Attention ultimately prices Content."

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