Will people pay?

by , Sep 21, 2009, 10:20 AM
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Q&A: How get people to pay for social media services?

Have to provide additional value, and a social network has to say "for that here's the package. If don't do that, all you're doing is taking stuff away from a consumer. Both will exist side by side, it's not an either, or.

What about music expansion?

We can be vehicle for services like Spotify, with a freemium model for music. We have hundeds thousands of bands in MySpace. What are you doing for bands? iLike has pro application for bands. I think really intneresting direction. The ability to manage relationships for bands and I think that area where see MySpace push forward. In other words, the focus isn't just on the consumer side.

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