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Hal Varian: belief

19 Jun 2019 Conversations with Tyler Hal Varian on Taking the Academic Approach to Business

“I think what they found was that having a well-organized, high-quality, readily available complete access to music was much more attractive than cobbling something together using some sort of back doors and other things of that sort.”

— Hal Varian

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Everything needed to verify it.

Speaker
Hal Varian
Attribution
Verified speaker
Claim type
belief
Recorded
19 Jun 2019
Publisher
Conversations with Tyler

Transcript context

…What did we fail to understand early on about Napster? As you know, there are two very nice recent books on this. One is Joel Waldfogel, who wrote a book called The Digital Renaissance, which looks into exactly the question you were describing. The other book, by Michael D. Smith, is Streaming, Sharing, and Stealing. I think what they found was that having a well-organized, high-quality, readily available complete access to music was much more attractive than cobbling something together using some sort of back doors and other things of that sort. It’s very clear that people are willing to pay $10 a month to be able to get a very smooth access to the content they want to listen to. Will local news find a business model in the same way that is other than being owned by very wealthy people?…

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