A hush has fallen over the music industry. It may be the hush of anticipation prior to the birth of an heir who will lead the kingdom to a new golden age, or it may be the calm before the onslaught of the perfect storm.
DRM (Digital Rights Management)--which may be the baby, or it may be the bath water, it depends on who you ask--appears to be on its way out, at least for music. First, Apple and EMI announced an agreement to sell DRM-free digital music files beginning this month. Consumers will pay about 30 percent more for DRM-free music, but there already are many precedents where consumers prove willing to pay more to have something left out of a product. Exhibit A: bottled water. I rest my case. Read More »