David Alexander wrote:A recent news article talked about how YouTube, also supposedly worth a large pile of money, is costing upwards of $400 million a year to operate...and no profit in sight.
I like Steve's take on the joy of aquisition. In the early days of PCs people copied programs like crazy. It would not be unusual to know someone with hundreds of programs. That they never used them or installed them was par for the course. They got a kick out of "aquiring" them and that was the pay off.
It may be the same with the magic on bit torrents.
No profit in sight...to you!
I don't think Google bought out YT with no business plan or long term goal. They are building up DATA. And that, my friend, is where the profit will come from in the future. Google have your search history, your gmail, your youtube viewing habits and more. They then will monetise this data. Somehow. Just because they haven't shared their plan doesn't mean they don't have one. Just like Twitter.
Anyway, back to positive things we could do...how about
Freemium content? Like iPhone apps etc. Where you get a scaled down, limited version of an app for free with the ability to simply upgrade to the full version...
Bear with me...
What if, (and this only works with content that is actually any good - which could be a hurdle), a 12 trick DVD was released with 11 tricks 'greyed' out and one available for free. Totally free. If you liked it, you could 'unlock' the other 11 with a payment.
Now, this doesn't need to be a physical DVD, although it could be. It could be a viral video clip, a podcast, a blog, a website, etc. Check out this new David Regal trick, for free! It gets shared about, everyone starts talking about the new Regal trick. How clever it is. How well shot the video is. How good the teaching is.
You get the free clip in return for your email address. Now, you have permission to market to these people in the future. As they are likely to be fans, or at least interested in magic, it's likely this mailing list would be very responsive.
Yes, this won't stop the other 11 tricks getting ripped and shared by the 14 year old collectors. But, it might well get Regal's work into the hands of people who haven't tried his stuff. Might lead to sales of his older stuff. Might lead to an increase of butts on seats for a lecture tour. Etc etc.
Just an idea...