Paypal is reported to be working on a micropayment platform
http://techcrunch.com/2010/10/06/pay...er-conference/
Quote:
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PayPal first announced the eventual roll out of a specialized micropayments product in August, which would allow businesses to collect micropayments on the web via PayPal. Today, the company has confirmed to TechCrunch that it will be launching a ?digital goods optimized product,? a.k.a. a payments technology for micropayments, in a few weeks at the company?s developer conference, Innovate,.
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My thoughts:
As shown by Western movie distributors in some Asian markets, piracy goes down when the price of content goes down. The end effect is the market gets larger and more segmented (and more lucrative).
Do you think micropayments--pay per play, pay per view, etc (as opposed to membership / recurring systems) would slow down the damage done by wholescale piracy?
The cost benefit analysis tips easier to the content producer's favor because why download a shitty vid for free when you can get a high quality version for close to free? Also, wouldn't micropayments turn FREE (but crappier quality) CONTENT into VIRAL TEASERS that would drum up demand/branding even more?