Free Ride: How Digital Parasites are Destroying the Culture Business, and How the Culture Business Can Fight Back

· Sold by Anchor
4.5
4 reviews
Ebook
288
Pages
Eligible

About this ebook

How did the newspaper, music, and film industries go from raking in big bucks to scooping up digital dimes? Their customers were lured away by the free ride of technology. Now, business journalist Robert Levine shows how they can get back on track.

On the Internet, “information wants to be free.” This memorable phrase shaped the online business model, but it is now driving the media companies on whom the digital industry feeds out of business. Today, newspaper stocks have fallen to all-time lows as papers are pressured to give away content, music sales have fallen by more than half since file sharing became common, TV ratings are plum­meting as viewership migrates online, and publishers face off against Amazon over the price of digital books.

In Free Ride, Robert Levine narrates an epic tale of value destruction that moves from the corridors of Congress, where the law was passed that legalized YouTube, to the dorm room of Shawn Fanning, the founder of Napster; from the bargain-pricing dramas involving iTunes and Kindle to Google’s fateful decision to digitize first and ask questions later. Levine charts how the media industry lost control of its destiny and suggests innovative ways it can resist the pull of zero.

Fearless in its reporting and analysis, Free Ride is the busi­ness history of the decade and a much-needed call to action.

Ratings and reviews

4.5
4 reviews
A Google user
April 9, 2012
A. It was not easy reading, but neither was it quite like reading a textbook, the most boring reading of all. Q. So it was close to boring? A. Yes, but I'm just not a technophile. I was a psychology major and studied Fortran back in graduate school, so you can see where I stand now, regarding so-called high technology. Also, I gave up television and newspapers some time ago, and I've been to one movie in twenty years ("The Help"). Levine writes about all these businesses, and he's very current. I'm not, so much of what he wrote I just didn't comprehend. Q. Well, what else did you learn besides that you are not up-to-date in most media? A. About the electronic storage suppliers who rent space to people or websites, who then use them to download pirated copies of movies, books, or whatever, to sell to other people. Q. Would you recommend this book to the general reader? A. No, sorry. It's complex and filled with what I thought was mostly scuttlebutt, interesting to insiders, maybe, but not to the general reader. Levine intends, I guess, to be proposing ways that newspapers, the music industry, the movie industry, book publishers, what he considers today's culture, to cope with the steam rollers of Google and the other second-hand packagers of information and culture, the ones he calls parasites. They produce nothing but use what others produce to make a lot of money. Q. Do you agree with him about this parasite idea? A. No. Remember, I'm just a lay person on these issues, but in my own mind, I think these big businesses, movies, television, music, publishers, newspapers, are all free riding. They may be culture to Levine, but to me they are essentially non-producers. They produce, but their products are not essential to living, or even to living a good life. They produce things Americans, and others, can conspicuously consume when they, the consumers, have more than met all their basic needs. Were these businesses to become obsolete, the ones Levine advocates for, it would not bother me in the least. Were they to adapt and survive, more power to them. Q. In other words, you were not that vested in either side of the issues in Levine's book? A. Right. Q. Okay, so you had problems with his premise, but how was his style and the pacing of the book? A. Not easy to follow, for me. He did over one hundred interviews, but the results are spread all over the book. The chapters, though sometimes focusing on one industry or another, seemed to lack coherence. Really, after he started throwing up this name and that name of big wigs in technology or media, I had to start speed reading. But, if you know these people, the vice president of Public Knowledge or the public relations person of Universal or BMI or an Arkansas newspaper publisher, it all may make more sense to you.
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About the author

ROBERT LEVINE was most recently executive editor of Billboard mag­azine. His articles on technology, business, and culture have appeared in the New York Times, Fortune, Condé Nast Portfolio, Vanity Fair, Rolling Stone, and Travel & Leisure. He lives in New York.

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