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Michael D. Smith and Rahul Telang Books

1 book·~10 min total read

Michael D. Smith is a professor of information technology and marketing at Carnegie Mellon University.

Known for: Streaming, Sharing, Stealing: Big Data and the Future of Entertainment

Books by Michael D. Smith and Rahul Telang

Streaming, Sharing, Stealing: Big Data and the Future of Entertainment

Streaming, Sharing, Stealing: Big Data and the Future of Entertainment

digital_culture·10 min read

This book explores how digital technologies and big data have transformed the entertainment industry, from music and movies to television and publishing. The authors analyze how streaming, sharing, and piracy have disrupted traditional business models and how creators and companies can adapt to the new digital landscape.

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Key Insights from Michael D. Smith and Rahul Telang

1

The Economics of Digital Goods

For over a century, entertainment economics were organized around physical scarcity. Records, DVDs, books—all were tangible goods that could be controlled, priced, and distributed through limited channels. The shift to digital media destroyed these constraints. A song in MP3 format or a film streame...

From Streaming, Sharing, Stealing: Big Data and the Future of Entertainment

2

Piracy and Its Impact

Of all the disruptions, piracy is perhaps the most polarizing. At the dawn of Napster, many observers predicted the end of the music industry. Yet, contrary to the popular narrative, our research and that of others show that piracy’s effects were more complex. Yes, it reduced revenues, especially in...

From Streaming, Sharing, Stealing: Big Data and the Future of Entertainment

About Michael D. Smith and Rahul Telang

Michael D. Smith is a professor of information technology and marketing at Carnegie Mellon University. Rahul Telang is a professor of information systems and management at Carnegie Mellon University. Both specialize in the economics of digital goods and the impact of technology on media industries.

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Michael D. Smith is a professor of information technology and marketing at Carnegie Mellon University.

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