The content distribution industry is going to evaporate

Submitted by Norm Roulet on Thu, 01/06/2005 - 16:58.

<>From Good Morning Silicon Valley today:

You kids ... why, back in my day they had to put content on physical
media!
Anyone with an interest in the economies of digital distribution,
particularly those working in the entertainment industry, would do well to spend
a cup of coffee or two reading Wired's interview with Bram Cohen, whose Bit
Torrent technology is turning the world of traditional media on its head. During
the last century, content companies had to be massive to afford distribution.
But in this new Bit Torrent world, economies of scale aren't needed anymore.
"The content people have no clue," Cohen
told Wired
. "I mean, no clue. The cost of bandwidth is going down to
nothing. And the size of hard drives is getting so big, and they're so cheap,
that pretty soon you'll have every song you own on one hard drive. The content
distribution industry is going to evaporate."Â