From MIT Technology Review – the Internet’s influence on the Production and Consumption of Culture. There hasn’t been a change in basic business models, however culture can now be downloaded and enjoyed in private. This happened very quickly. “The Internet has been a disruptive technology for the arts and media, reshaping industries while introducing new ways to organize production and distribution. The Internet’s influence in the cultural industries depends, first, on the extent to which digital substitutes for analog experience are likely to satisfy consumers. Second, on the extent to which producers must maintain competitive profits. And, third, on the ability of incumbent firms to exploit changes inherent in digital production and distribution.”
via The Internet and the Cultural Industries | MIT Technology Review.