14 JUN 2013 by ideonexus
Celebrity Economy
This century's last great trend was noted by acute observers in 1996, yet most people failed to appreciate it. While business gurus were proclaiming the new dominance of creativity and innovation over mere production, the growing ease with which information was transmitted and reproduced made it harder for creators to profit from their creations. Nowadays, if you develop a marvelous piece of software, everyone will have downloaded a free copy from the Net the next day. If you record a magnifi...Folksonomies: art information economy
Folksonomies: art information economy
2 
2 
Endless channels of media allow for more celebrities, but to smaller audiences. In order to make money from media, celebrities must sell more than their works. Their works must serve as advertisements for something else, like paid performances or lectures.
