To: Arthur Radley who wrote (10722 ) 9/14/2000 2:03:19 PM From: 24601 Read Replies (1) | Respond to TexasDude: Claugus cannot now claim that his was merely a technical play, either. He is accountable for the fallacy that he propagated: that Wave's business model is to charge 40% for doing what Visa does for 3%."Whether it is Wave providing the solution, or someone else, we are making a major transition in the way digital content is distributed. The old rules for distributing books, magazines, music, games, and video will apply less and less over the next few years. The reason is simple and the case is compelling: economics. Publication, distribution, storage, and physical sale of these items is expensive and slows down time to market. Digital distribution is significantly cheaper and much faster to market. The percentage of a sale that will be given up by the content provider or aggregator is probably about the same as in the current, physical delivery model, but the delivery will be more secure and less exposed to fraud of all kinds. Equally importantly, the total market will expand, because consumers will be more likely to buy smaller increments that aren't worth selling in the current model.
