In this episode John Federico, Chia-Lin Simmons, Ken Gellman and Steve Hatch discuss the top stories of 2007 and make (gasp!) predictions for digital media in 2008.
The first BIG THEME for 2007 was Openness. (Is that even a word? It is now…)
We think the iPhone -
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the phone with the closed operating system - was one of the biggest contributors to the Openness theme in 2007. How so? Listen…
Steve thinks that Google is more responsible for the proclaimed Openness of Verizon Wireless’ network, more so than the iPhone. We all gang up on him.
Big media began to appear more like user generated media with the addition of podcasts, blogs and other types of new media.
Read/Write Web thinks it was also the year of RSS. We can’t disagree. Which lead us to….
API’s as another demonstration of the Openness theme. If companies didn’t literally open themselves up, they provided access in the form of open API’s. Of course, we’re talking about the Facebook API and Google’s Open Social API for social networks.
NO DRM - or, the trend toward delivering purchased music downloads in mp3 format - was HUGE in representing the Openness theme.
The second BIG THEME for 2007 centers on The Tipping Point for Digital Media
The television writers strike exemplifies this. Their primary negotiating point? Digital media royalties. The studios are holding their position, saying that there’s no money to share.
If there’s no money in it, why is Viacom suing YouTube for $1 Billion dollars?
The decline in advertising revenues in traditional media is massive - and the money is all going into digital media.
Predictions for 2008. Wanna know the answers to these questions? Listen…
John predicts that On Digital Media will be acquired by TechCrunch for $10 Million Dollars. Or a case of wine. (We’re reasonable negotiators.)
Will we see a Google Android-based handset in 2008? Will it be sold by a carrier or as an unlocked GSM device?
Will on-demand media - whether premium or ad-supported - become a worthy competitor to traditional media distribution?
In the coming economic slowdown, will digital media catch a cold, or just sneeze?
Will the Amazon Kindle replace all forms of reading material, freeing children from scoliosis and the burden of textbooks?
Our music is Democracy from Alexander Blu.
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