On Thu, 1 Feb 2007, Stephen Miller wrote:
[...] If content is available at a fair price globally and simultaneously, the advertising markets and audiences should greatly expand.
That could be a sticking point, until we have a single global currency and economy. What might be a fair price in, say, Russia, might be ridiculously cheap here and unbearaby expensive in Vietnam. And as its a global market place for digital media, the consumer can buy from where ever they like. Should the content producers target the average (mode? mean? median?) price point and hope that they get loads of takers from the rich countries, some from the middle ranks and not much from the poor areas (where copyright infringement will no doubt be rife as the media is priced out of a normal person's reach?). Or should they price according to local market needs and hope most folk don't buy from out side their area.
The trouble with the global market is that it isn't really. Its just a load of really well connected local markets.
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