RIP, DRM
Sunday, January 11th, 2009With the news reported earlier this week that Apple’s iTunes will be carrying millions of DRM-free songs by the end of the quarter, it’s safe to say that DRM has now been officially abandoned by the music industry. This is great news: while it won’t smooth the rough waters the industry has been going through, it will allow them to make a clean break from the illusion that they can prevent file-sharing and instead focus their creativity on new ways to create value and to connect with fans.
I hope the death knells of music file DRM will serve as a wake up call to the TV and movie industries as well. It’s too late to putter about with a few shows streamed here, some downloadable here, a few there, and international licensing agreements that air the same shows months later in different countries (long after the most dedicated fans have found and dowloaded the torrents). The TV and movie industries need to wake up to the reality that they, too, will need a different business model - and they need it now!