... wow. Ben Affleck perfectly predicting Spotify and Netflix in a random 2003 interview Almost exactly right about the unit economics of annual music subscriptions and the timing of online movie streaming. Solid point too on how shareware (Napster) is a necessary predecessorpic.twitter.com/mpEgRPK4zL
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By the way, I found this clip by digging through the
@internetarchive’s incredible resources which include a lot of old TV news clips. I basically spent last night watching everything that comes up when I search “file sharing”Show this thread -
MP3s catalyzed the music revolution by compressing music to 1/12th the original file size. Did you know that a lot of the compression techniques work by reducing the quality of audio that the human ear can’t pick up?https://twitter.com/backus/status/1006958023321870337 …
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Music studios were slow to embrace music subscription services like Spotify for many reasons, but IMO part of it was that even a complete elimination of piracy in favor of subscriptions would have destroyed most of their revenuehttps://twitter.com/backus/status/1014664705544089601 …
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Good article, well written
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Thank you!
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