... 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
-
Show this thread
-
John Backus Retweeted John Backus
I've been diving deep on the history of file sharing. If you listen to early news reports about Napster, it sounds a lot like fear around blockchain todayhttps://twitter.com/backus/status/1012070561306963968 …
John Backus added,
5 replies 29 retweets 145 likesShow this thread -
John Backus Retweeted John Backus
Artists like Soulja Boy got their name out there by leveraging file sharing services like Limewirehttps://twitter.com/backus/status/1014034580473434117 …
John Backus added,
3 replies 11 retweets 79 likesShow this thread -
John Backus Retweeted John Backus
Fun fact: Music industry revenue actually went UP after Napster took off. It didn't start plummeting until the iPod was releasedhttps://twitter.com/backus/status/1006242203050610688 …
John Backus added,
3 replies 37 retweets 127 likesShow this thread -
Replying to @backus
So is that the result of the device/portability of MP3s, or iTunes? I distinctly remembering buying way more CDs after being able to sample on Napster and Kazaa. I also remember Apple ads including "Don't steal music" in fine print.
1 reply 0 retweets 1 like
The ability to take your music with you meant that mp3s were no longer an inferior good. You could burn mp3 CDs before, but it is still a lot of work.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.