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With the Internet and social networks, some new business models have emergied. Consider Flickr. Anybody can sign up and use the service for free. Only a fraction of the users get pro account and pay. How can Flickr make money on that? It turns out that services like this can.
Many businesses make money by giving things away. How can that possibly work? The music business has suffered severly with digital distribution of content. Should musicians put all there songs on YouTube? What is the future business model for music?
In this lecture we look at new busines models, include the business of free.