Economic and technological framework which foresees the playback of prerecorded music as a service
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The open music model is an economic and technological framework for the recording industry based on research conducted at the Massachusetts Institute of Technology. It predicts that the playback of prerecorded music will be regarded as a service rather than as individually sold products, and that the only system for the digital distribution of music that will be viable against piracy is a subscription-based system supporting file sharing and free of digital rights management. The research also indicated that US$9 per month for unlimited use would be the market clearing price at that time, but recommended $5 per month as the long-term optimal price.[1]
Since its creation in 2002, a number of its principles have been adopted throughout the recording industry,[2] and it has been cited as the basis for the business model of many music subscription services.[3][4]
^Shuman Ghosemajumder (May 10, 2002). Advanced Peer-Based Technology Business Models (Thesis). MIT Sloan School of Management. hdl:1721.1/8438.
^Gautham Somraj Koorma (November 27, 2015). "On-Demand Music Streaming to battle Piracy". iRunway.
^Marco Consoli (July 3, 2014). "Spotify, il business folle sbarca a Wall Street". L'Espresso.
^Karol Kopańko (June 5, 2015). "Dla użytkowników streaming muzyki jest spełnieniem marzeń, a dla wytwórni – źródłem obaw". Gazeta.pl.
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