Flutterby™! : Content is Not King

If you have any stake in the future of the 'net, if you've thought about how the 'net doesn't scale for broadcast deliveries, if you've ever felt disappointed that you got involved in the 'net to facilitate communication and instead find it used as a medium to deliver more mass-media crap, Content is Not King by Andrew Odlyzko is worth a read.

The postal system alone collects almost as much money as the entire movie industry, even though the latter benefits from large foreign sales. For all the publicity it attraces, entertainment is simply not all that large, because people are not willing to pay very much for it.