James’s Musings

thoughts, photography, and geeky stuff
from an unrelentingly curious Silicon Valley entrepreneur

A Tail of Two Economies

by James G. Beldock on August 8, 2006

This is not a good cen­tu­ry to be a broad­cast­er.

If you’re not fa­mil­iar with Chris Anderson, the Editor-in-Chief of Wired Magazine, you’re miss­ing some­one with a pro­found un­der­stand­ing of the chang­ing me­dia econ­o­my. And he has the facts to back him­self up. I’ve been read­ing his stuff for a while, first in Wired and then on his blog, and was pleased to find
his new book, The Long Tail, at my lo­cal Barnes & Noble this evening. It in­spired me to do some dig­ging…

Broadcast tele­vi­sion had its worst week in record­ed his­to­ry last week (Chris points to this CNN sto­ry; Clay Shirky pre­dict­ed this as far back as 1999 in a piece pre­sag­ing the “Death of Mass Media”

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modaroyal August 22, 2006 at 5:50 pm

So, is the niche economy, by definition, a more efficient one?

(for a single entity, more efficient depending upon the cost of aggregation (e.g. buying those songs), quality of aggregation, and whether that aggregation maintains competitive advantage.)

…better ratio when comparing the expenditure of resources (attention, money, etc.) to their conversion into the target good?

Anonymous November 27, 2006 at 7:51 pm

I see the head and the tail, but where is the stomach?

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