July 28, 2006

Nokia Visual Radio Makes Indian Debut (GigaOm)

GigaOM :  Mobile Visual Radio Makes Indian Debut.  My favorite quote:

“This is a classic case of convergence of telecom, radio and music. The key here would be to provide our listeners with quality content,” said Pankaj Mathur, country manager, HP India Sales.

Visual_radio_mockup My comment: Nokia has now been pushing Visual Radio for 2+ years or so, and as far as I know there are trials in Finland, London, the U.S., and Singapore (I think ;) - I have seen it and I think it has real potential to usher radio into radio2.0 -- which is the TWO-WAY, digtal radio service. Digital Radio must be 2-way, must encourage conversation, engage the user.

Of course, with any change there is upheaval - I can imagine that Nokia Visual Radio will indeed create a lot of turmoil in the footchain, such as: who will run which ads? Who will charge what for which part of the service?  Can ads run 'with' the music, on the handset, or will that be deemed synchronization by the music publishers? and many more.  Let's see how they will tackle this - but the idea rocks, imho.

Jul 28, 2006 4:22:16 PM | Radio

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The Attention Economy And The Music Business - Digital-Lifestyles.info (Gerd Leonhard essay) The Attention Economy And The Music Business - Digital-Lifestyles.info. The Attention Economy And The Music Business Gerd Leonhard 28 Jul 2006 The Attention Economy and the Music BusinessMuch has been said about the so-called "Attention Economy." – the new buzzword and visionary's catch-all phrase for a dawning, digitally networked ecosystem - where attention is worth a lot more than distribution, where 'having the time' is the final frontier and the great democratizer, where the 'longtail' rules and where many businesses that have –and keep - people's attention stand to prosper dramatically. 10 years after the birth of MP3, the music industry is now in the throngs of this powerful shift from 'having distribution' as a gatekeeper to 'having people's attention' as the holy grail. It boggles the mind, but it is now no longer relevant (or shall we say… sufficient) to have distribution, i.e. to have a replication facility, a retail network, reserved shelf space at the point-of-sale, or frequency slots (if you are radio company), or a satellite in orbit, or a cable network – what really matters is how many people care about what's IN your network! What's more, soon, it will matter less and less that you can store 10.000 hours of video, or that you can pipe it through your network to users around the world, as it will get dramatically cheaper and easier to do this, and within 7 years pretty much anyone can be a broadcaster or media service provider; at least in technical terms. Ebay and Skype are going to illustrate this point very soon, i.e. when they role out their legal, fully licensed P2P entertainment network (and they will!), putting them into the driver's seat of what some people have come to call media2.0. Just how much attention does eBay and Skype...

Gerd Leonhard

Keynote Speaker, Think-Tank Leader, Futurist, Author & Strategist, Idea Curator, some say Iconoclast | Heretic, CEO TheFuturesAgency, Visiting Prof FDC Brazil, Green Futurist

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