Strategic factor markets: expectations, luck, and business strategy
Management Science
The emerging role of electronic marketplaces on the Internet
Communications of the ACM
Information technology and screen-based securities trading: pricing the stock and pricing the trade
Management Science - Special issue: Frontier research on information systems and economics
Information rules: a strategic guide to the network economy
Information rules: a strategic guide to the network economy
The Internet is changing the music industry
Communications of the ACM
The Economics of Electronic Commerce
The Economics of Electronic Commerce
Blueprint to the Digital Economy: Creating Wealth in the Era of E-Business
Blueprint to the Digital Economy: Creating Wealth in the Era of E-Business
The Cluetrain Manifesto: The End of Business as Usual
The Cluetrain Manifesto: The End of Business as Usual
Strategic Information Management: Challenges and Strategies in Managing Information Systems
Strategic Information Management: Challenges and Strategies in Managing Information Systems
Sonic Boom: Napster, MP3 and the New Pioneers of Music
Sonic Boom: Napster, MP3 and the New Pioneers of Music
Rosenbluth international: strategic transformation of a successful enterprise
Journal of Management Information Systems - Special section: Strategic and competitive information systems
Journal of Management Information Systems - Special section: Strategic and competitive information systems
Digital Copyright
Economic Implications of Variable Technology Standards for Movie Piracy in a Global Context
Journal of Management Information Systems
Journal of Management Information Systems
International Journal of Electronic Commerce
Journal of Management Information Systems
International Journal of Information Management: The Journal for Information Professionals
The Journal of Strategic Information Systems
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Information and telecommunications technologies have profoundly altered the distribution channels available for a wide range of goods and services. In this paper we analyze a particular class of products, information goods and develop a first framework for predicting which information goods are most likely to see their production, distribution, and consumption patterns altered by the net, which are likely to see shifts in power and profitability, and which are likely to remain unchanged for the foreseeable future. We focus on music and news as a selected couple of very different information goods industries that follow two very different trajectories. Our results suggest that the power structure in news distribution is unlikely to be transformed rapidly. In contrast, the power structure in music is transforming rapidly. Star acts no longer need their record labels to certify their music to their fans, and digital production and distribution have reduced or eliminated the value of other assets owned by the record companies. The framework we use to analyze these two industries can readily be applied to a range of others … from the production of television soap opera series to the publication of academic journals in polymer chemistry.