Will Today's Music Fans Buy What Nokia Is Selling? [View article]
Because, as one of the main principles of mainstream economy says: Due to the mankind's mentality, there will be always waste. Should there be "an infinite, open, media library", people would misuse it. That is why subscription based services could give a good "Golden Middle". However due to the before mentioned attitude, this can be only introduced with some additional limitation (DRM). Otherwise it would not work. As communism could not work either.
Will Today's Music Fans Buy What Nokia Is Selling? [View article]
I don't know what is the case in the more developed countries, but I have here a market research done by Coca Cola's Fanta brand about the youth attitude towards the music consumption in Hungary (Fanta Trend Report). It says that 93% of the youth consumes music through MP3, and only 52% via CD's. Again, note that Hungary is less developed than WE or US! This for me would mean, that the MP3 rate would be even higher in those regions. This also means, that today's does not need the CD burning capability. They will use the digitized music only, and skip the CD. What Nokia needs is to have more and more consumer electronic companies to build a hardware ecosystem around its phones (receivers, docking stations, etc. compatible with the phone music playing capabilities) like Apple did it around its iTunes-iPod portfolio.
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Latest | Highest ratedWill Today's Music Fans Buy What Nokia Is Selling? [View article]
As communism could not work either.
Will Today's Music Fans Buy What Nokia Is Selling? [View article]
It says that 93% of the youth consumes music through MP3, and only 52% via CD's. Again, note that Hungary is less developed than WE or US! This for me would mean, that the MP3 rate would be even higher in those regions. This also means, that today's does not need the CD burning capability. They will use the digitized music only, and skip the CD. What Nokia needs is to have more and more consumer electronic companies to build a hardware ecosystem around its phones (receivers, docking stations, etc. compatible with the phone music playing capabilities) like Apple did it around its iTunes-iPod portfolio.