Microsoft’s top Intellectual Property chap, Tom Rubin, had some interesting points to make at the UK AOP:
Starting back in the early 1990s, some leading Internet pundits espoused the motto “information wants to be free” and implored content owners to simply give away their content and monetize it through secondary means – such as concerts and tee-shirts for musicians and, in the case of media, the promise of a strong income stream by adopting a business model consisting of free and liberal distribution plus online advertising.
And that’s exactly what most newspapers did. By the late 1990s, almost all newspapers put their valuable reporting and exclusive commentary online and allowed it to proliferate, easily accessible and free.
They did just as the new model professed and sold advertising to monetize the increased audience they were attracting.
Well, here we are ten years later bombarded almost daily by announcements of newspaper layoffs and closures.
The evidence is in, and I think we can safely say that the “information wants to be free” approach not only does not work, actually it has been a disaster for almost all newspapers. Continue reading