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ExtraTorrent.cc > Articles > Evolution of the Digital Market

Evolution of the Digital Market

Evolution of the Digital Market

Added: Saturday, June 30th, 2012
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
The Pirate’s Dilemma is the title of the best-seller written by Matt Mason, where the author emphasized the importance of digital markets, pointing to technology experts and their influence in the field.

the-future-next-exit.jpg

Actually, users engaged into file-sharing aren’t considered to be thieves, but rather digital entrepreneurs who managed to reshape the content industry into their “image”. Nowadays, the idea of file-sharing has already reached the farthest corners of the globe – even in the countries where file-sharing and the web itself are controlled by abusive regimes, like China or North Korea. The researches have revealed that piracy is really increasing album sales, with people like Sean Parker (the co-founder of Napster) becoming billionaires.

Taking this into account, one can only say that the author was a true visionary of his time, because today he is an executive director of marketing for BitTorrent Inc., a company that many refer to as the biggest file-sharing entity in the world, accounting for over 160 million users. The company also managed to raise over $40 million in funding, and is actively used by other international giants like Wikipedia, Twitter, and Facebook. In other words, BitTorrent is trying to cross the barrier separating it for such a long time from a legitimate business, because it is going to put legal material on the first place, thus monetizing the digital space.

When asked about how he feels about the monetization of material distribution and the future of P2P, Matt Mason pointed out that the published studies showed file-sharers spent more money on content.

The company is currently trying to examine the new business models that the artists are able to build through the BitTorrent ecosystem, and later use the results of those experiments in order to create the instruments for doing so. The web as a place where the creative works can thrive isn’t delivered on today, and so the artists prefer to release their works on the Internet in ways that make sense.

It isn’t easy to connect directly to a fan base, and it’s hard to share large files online with just the BitTorrent protocol. While the consumers can’t find the content they want in the suitable format, the artists can’t deliver that to their fans. That’s why BitTorrent Inc. is busy working on new ways to solve these problems and make everyone happy.


By:
SaM
June 30th,2012

Posted by: 
SaM

Date:  Saturday, June 30th, 2012



Comments (4) (please add your comment »)

1
posted by Site FriendET loverSuperman (2012-07-01 07:06:39)
Embolism avatarI believe with what we pay to ISP`s for connection to the Internet they should pay a proportion to the Music and film industry and make all content free,thereby decriminalizing P2p encouraging more to use P2P and satiating the media moguls,then the Americans and other countries who are intent on spending 100.000.000`s trying to track and control the www`s media can all save money and be paid a fair return on the Industries efforts in making said shared media.

2
posted by Blocked (2012-07-01 15:14:28)
No avatarsome isp have with the internet you have free acces. to steam music were talking around manny millions songs for free. also soem give free premenium spotify ect.ect

3
posted by (2012-07-01 15:31:23)
Brynn217 avatarEmbolism, that is a brillant solution to the problem, unfortunately it would never work.... Why? GREED.... The MPAA would never agree to it because they would want too much money for their content and the ISP's could never meet that expectation... So far just this year in OVERSEAS Box office, the top 14 films have brought in 4 Billion.... and there has been 239 films released this year... think the ISPs can even make a dent?

4
posted by (2012-07-02 15:23:55)
No avatarLoL "it’s hard to share large files online with just the BitTorrent protocol" they obviously don't know how to use BT. I share large files all the time and its really easy. you just need a fast enough broadband. and the isp's need to remove data caps before sharing 50gb file sharing is to go main stream.

but the problem is the entertainment industry will always complain about something even if file sharing comes to a complete stop, as even before the internet came to be they were complaining. "o no you can't let the public use radios....as now they can listen to music with out paying for it....o no you cant let the public watch free tv....o no you cant let them record tv ether....blank casets, cd's, dvd's, bluray, dvr's and now they force you to watch adverts and trailers?" what ever.....they are terrorists and there way of thinking is a dictatorship.



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