Linked by Thom Holwerda on Mon 14th Mar 2011 23:22 UTC
In the News "A major new report from a consortium of academic researchers concludes that media piracy can't be stopped through 'three strikes' Internet disconnections, Web censorship, more police powers, higher statutory damages, or tougher criminal penalties. That's because the piracy of movies, music, video games, and software is 'better described as a global pricing problem'. And the only way to solve it is by changing the price."
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RE: generation 'entitlement'
by arpan on Tue 15th Mar 2011 09:52 UTC in reply to "generation 'entitlement'"
arpan
Member since:
2006-07-30

So what... a ferrari sports car is ten times more expensive in poor countries relative to income. Does that mean that the ferrari is incorrectly priced?


Yes, a ferrari sports car is very expensive. Which is why you never see Ferraris on the road here in India. Also the same reason that the Nano ($2000 car) was invented. So that there would be a car that people can afford.

No one is saying that piracy is right. The researcher is saying that if the movie studios want to make money, they are going to have to adjust price as per the income. If they don't, no one will buy their product, because they just can't afford it.

Reply Parent Score: 5

Thom_Holwerda Member since:
2005-06-29

Yes, a ferrari sports car is very expensive. Which is why you never see Ferraris on the road here in India. Also the same reason that the Nano ($2000 car) was invented. So that there would be a car that people can afford.


You mean the car industry knows you can't set global prices and global vehicles, and that you need to make products tailored towards local circumstances?

Perish the thought.

Reply Parent Score: 3

unclefester Member since:
2007-01-13

Yes, a ferrari sports car is very expensive. Which is why you never see Ferraris on the road here in India.

This is simply because Indian roads are totally unsuitable for Ferrari's. Rich Indians simply spend their money on other luxuries.

Reply Parent Score: 2