Today I truly realised the potential of digital music. Gradually I start to have all my cds copied to my computer's hard disk. 80g hard disk costs around 100€ which is nothing. It's so convient to play and change music just by a few clicks. Upgrading from MCs to CDs was a big thing in the early 90's. Imagine that one had to stand up and walk to the stereo system and turn the vinyl around every 30 minutes. CD was something luxurius. 60 minutes non stop. Now I don't have to bother standing up at all...
Greg Blonder has some interesting ideas about free music in the future. I must admit that I like his thinking. It does not take many years when all our media content is in digital format. Distribution and dublication costs are practically zero. Streaming will be a natural way of receiving the content like radio is today.
IPOs Hit 28-Year Low In the First Quarter . So much about exits. Trade sales are as feasible with today's market valuations. Sit on your hands and hold tight. I would rather invest on a Swan and sail around the world a few rounds.
Posted at April 4, 2003 05:03 PM