The Open Music Model is an economic and technological framework for the recording industry based on research conducted at the Massachusetts Institute of Technology (MIT). It predicts that the playback of prerecorded music will be regarded as a service rather than 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 suggests a price point of US$5 per month for unlimited downloads as the market clearing point. Since its publication, a number of its principles have been adopted throughout the recording industry.
Read more about Open Music Model: Overview, Industry Adoption
Famous quotes containing the words open, music and/or model:
“It was easy to see how upsetting it would be if women began to love freely where love came to them. An abyss would open in the principal shopping street of every town.”
—Christina Stead (1902–1983)
“Noble and wise men once believed in the music of the spheres: noble and wise men still continue to believe in the “moral significance of existence.” But one day even this sphere-music will no longer be audible to them! They will wake up and take note that their ears were dreaming.”
—Friedrich Nietzsche (1844–1900)
“For an artist to marry his model is as fatal as for a gourmet to marry his cook: the one gets no sittings, and the other gets no dinners.”
—Oscar Wilde (1854–1900)