The key difference is that news is much more perishable content than video or music. A good deal of what's news today will lose a great deal of its value as content in a few days or weeks. Sharing it or re-reading it just won't be as meaningful once it's "old news". TV shows on a Tivo have a much longer shelf life, and music even more so.
This is an economics-focused blog after all. What incentive to patent lawyers, who charge hundreds of dollars an hour for their work, have to eliminate a significant part of their client base?
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Key difference
The key difference is that news is much more perishable content than video or music. A good deal of what's news today will lose a great deal of its value as content in a few days or weeks. Sharing it or re-reading it just won't be as meaningful once it's "old news". TV shows on a Tivo have a much longer shelf life, and music even more so.
I predict a hard lesson in economics
I think Apple and the labels are about to find out that the price elasticity of demand for digital tracks is > 1 (actually,
Let's not forget incentives
This is an economics-focused blog after all. What incentive to patent lawyers, who charge hundreds of dollars an hour for their work, have to eliminate a significant part of their client base?