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Artw (2)

(Still) Looking for a miracle.

Ticket Wars: Why the Ticket Industry Is So Hated and How That's All About to Change "A couple of economists at Northwestern University have developed a scheme to change everything. It's surprisingly simple, and, if it spreads throughout the industry, it could control the very thing that makes the industry so frustrating. Ticket prices will finally make sense." [more inside]
posted by Room 641-A on Nov 24, 2013 - 42 comments

Blind Bets vs Sure Things

Few industries would routinely pay millions per unit of an item, sight unseen, with minimal (and sometimes no) market research. So how can the TV business afford to operate this way? To understand the economics of scripted television, we need to examine the idiosyncratic journey of a show from concept, to pitch, to script, to screen. And we’ll see why, in a business where only a few hits stand out any given year, lavish spending is the cost of staying relevant. -- The Economics of a Hit TV Show
posted by Potomac Avenue on Oct 23, 2013 - 56 comments

The Manhattan Pizza War

A pizza price war in Manhattan is threatening to destroy two businesses, while providing consumers with the cheapest slice in ages.
posted by reenum on Apr 11, 2012 - 105 comments

Apple and the Big Five

The U.S. has filed an antitrust lawsuit against Apple and five of the largest publishers, alleging a conspiracy to rig the pricing of e-books. Simon & Schuster, Hachette and HarperCollins have agreed to settle, though Macmillan, Penguin and Apple continue to contest the charges. Some background from WIRED: Bigger Than Agency, Bigger Than E-Books: The Case Against Apple and Publishers
posted by Artw on Apr 11, 2012 - 192 comments

Your price is lifting mine higher—

A $23,698,655.93 book about flies.
posted by kipmanley on Apr 23, 2011 - 58 comments

Common Misconceptions About Publishing

Charles Stross exposes some common misconceptions about publishing. How Charles Stross got into the writing game.
posted by Artw on May 2, 2010 - 48 comments

Step 1. Make an utterly fantastic game. Step 3. Profit!

2D BOY made around $100,000 in a week. That’s $50,000 each for writing a blog post about a game they finished a year ago. By letting people pay whatever they wanted. 2D Boy stirred up a lot of discussion (previously) about game piracy when they used online scoreboard data to estimate an 82% piracy rate for their fantastic indie game World of Goo (previously). For World of Goo's first birthday, they decided to try the Radiohead model and let people buy the game for any price they choose. Now they've released extensive data about the results. Short version? "A huge success," even though the most commonly chosen price was only a penny. [more inside]
posted by straight on Oct 20, 2009 - 64 comments

He Who Hesitates is Disincentivised

Omaha rockers Cursive are selling their new album for just $1... No wait, it's $2... $3... $4... WTF?? In yet another twist on the whole, name-your-price (Radiohead), fan-financed (Jill Sobule), take-shrooms-and-cruise-hollywood (Josh Freese) tiered pricing experiment being carried out by what's left of the music industry, Cursive are increasing the price of their new record by $1 each day until its "official" release. Given the popularity of sites like Did it Leak (and the corresponding file-sharing forums that I won't link to here) it seems to me like this is a pretty good way to reward well-intentioned but impatient fans who might otherwise resort to less honorable means of getting the latest stuff from their favorite bands. Or maybe it's just another hare-brained scheme that will only hasten the end of record labels as we know them. Either way, they got my $1... And that was after I already got my hands on the mp3s!
posted by idontlikewords on Mar 2, 2009 - 23 comments

15 Mistakes Designers Make

15 awful mistakes made by designers in the music and apparel industries - such as not charging enough, ignoring typography, and unprofessional behaviour.
posted by divabat on Jul 25, 2008 - 24 comments

Amazon's Cookie Tax

Whatever the market will bear. Did you know that Amazon.com charges you different prices for the same goods depending on who you are (and what your browser cookie shows?) This was news to me, but the WaPo and CNN reported it in 2005. [more inside]
posted by ikkyu2 on Apr 15, 2008 - 72 comments

Conservation doesn't include Air Force One

Petroleum Industry Christmas Wishlist Conservative pundits are quick to point out that no "new refineries have been built since 1976", and even quicker to blame "environmentalists". But the facts just don't support that. Refiners have chosen the environment that they do business in, and in some cases have willingly contributed to it. (Plenty of data here.) Here's why:

As one would expect, Bush's solutions nicely match up with the wishlists of OPEC and US refiners, who in the past few decades have largely undone the breakup of Standard Oil (via) via mergers and joint ventures. Representative Joe Barton, (R-TX), Chairperson of the Energy and Commerce Committee, incidentally up for reelection and well funded, by "the industry" through various Political Action Committees, has released a draft of the predictably named (to be found here when released) Gasoline for America's Security Act of 2005 (committee discusion and webcast are scheduled for 9/28 at 8 am.) Given that new refineries are years away, there is still no solution for current prices or the (90%?) increase in prices since January of 2001.
posted by rzklkng on Sep 27, 2005 - 22 comments

A sign of Global recession?

A sign of Global recession? For the first time I can remember, it's cheaper to buy a console in the UK than it is the States. Over here, we're used to seeing straight dollar to pound conversions ($299 = £299), so this is a first. Do you think it's sign of recession or just Sony developing a conscience?
posted by jiroczech on Sep 28, 2001 - 10 comments

Merck to lower prices of HIV drugs for Africa

Merck to lower prices of HIV drugs for Africa It's not perfect and it's not much of a decrease, but it's a start and long overdue.
posted by gsh on Mar 7, 2001 - 4 comments

Amazon.com apologizes for random price test...

Amazon.com apologizes for random price test... Yeah, but look how long it took them to do it. "Oh, um, now that we've covered our costs for R&D we can end the test and apologize. That's the ticket!"
posted by silusGROK on Sep 28, 2000 - 4 comments

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