Page 105 - Introduction to Electronic Commerce and Social Commerce
P. 105

84                                                      3  Retailing in Electronic Commerce: Products and Services

           millions of players. For information on entertainment in the  casting service that enables users to listen online to thousands
           Web 2.0 environment and social networks, see Chapter 8.  of radio stations (e.g., over 4000 in Europe, see listenlive.
                                                              eu). The service can broadcast anything that is on the radio
             iTunes                                           stations  plus  broadcasts from  organizations, governments,
                                                              and even individuals (radio.about.com/od/listentoradioon-
           iTunes (apple.com/itunes) is a media management software  line/qt/bl-InternetRadio.htm). Internet radio has the same
           by Apple that includes an online store for buying music and  copyright issues as those of Internet TV. Note that, in many
           other media. The program also enables you to organize and  cases, there is an agreement between the content creators and
           play the digital items you downloaded. Note that iTunes and  the distributors (e.g., Warner Music and Apple reached an
           similar services have basically crushed the music industry  iTunes Radio deal in 2013; see  cnet.com/news/apple-
           (see  money.cnn.com/2013/04/25/technology/itunes- music-  reaches-iradio-deal-with-warner-music- suggesting-
           decline), similar to the way netflix.com has impacted the sale  wwdc-launch and apple.com/itunes/itunes-radio).
           of DVDs and CDs. A 2014 study by Asymco found at asymco.
           com/2014/02/10/fortune-130 discovered that iTunes is more   Pandora Radio
           profitable than Xerox and Time Warner Cable (see wallst-
           cheatsheet.com/stocks/study-itunes-is-more-profitable-  Pandora is a leading free Internet radio that delivers music
           than-xerox-and-time-warner-cable.html/?a=viewall).  not only from radio stations but also from many other
                                                              sources. The core of the service is the Music Genome Project.
             Online Ticketing                                 According to pandora.com/about, the project is an inclu-
                                                              sive analysis of thousands of musical pieces. All the music in
           This popular service enables customers to buy tickets for  the project is available on Pandora for your listening
           events (e.g., sports, music, theater) by using a computer or  pleasure.
           mobile device. Companies such as  Ticketmaster, Inc. are   Pandora is actually a music streaming and automated
           active in this area. Fandango is a company that sells movie  music recommendation service that in 2016 is available
           theater tickets.                                   only in the USA, Australia, and New Zealand. Users can
                                                              create up to 100 personalized stations that play pre-arranged
                                                              selections. In February 2014, the company opened up its
             Internet TV and Internet Radio                   content submission process to independent artists (see sub-
                                                              mit.pandora.com,  help.pandora.com/customer/portal/
           Two similar streaming technologies are popular on the Web:  articles/24802-information-for-artists-submitting-to-
           Internet TV and Internet Radio.                    pandora and Hockenson 2014). For Pandora’s Help Center,
                                                              see help.pandora.com.
             Internet TV                                        Various e-tailers offer songs for sale to Pandora’s listen-
                                                              ers. You can access Pandora through many streaming media
           Internet TV is the delivery of TV content via the Internet by  devices. You can enjoy Pandora for free on the  Web, on
           video streaming technologies.  The content includes  TV  home-listening devices, and most mobile devices. Pandora
           shows, sporting events, movies, and other videos. Several  One (pandora.com/one) has a monthly fee, but the benefits
           video-on-demand and subscription services, such as netflix.  include ad-free service and higher quality audio. Pandora is
           com,  hulu.com, and  hulu.com/plus, as well as  amazon.  a profitable business. Its subscriber base continues to grow;
           com/Prime-Instant-Video offer this service. For a compre-  in March of 2014, it had 75.3 million active listeners (inves-
           hensive description of Internet TV, see wisegeek.org/what-  tor.pandora.com/file/Index?KeyFile=22417465).
           is- internet-tv.htm.  The major advantage is the ability to
           select what and when to view content and the ability to do so
           from computers, tablets, smartphones, Blue-Ray consoles,   Social Television (TV)
           Apple TV (apple.com/appletv), Roku (roku.com), Google
           Chromecast (google.com/intl/en/chrome/devices/chrome-  Social TV is an emerging social media technology that
           cast), Aereo (aereo.com), and so forth. In order to compete  enables several TV viewers who are in different locations to
           with other channels, traditional channels have developed an  interactively share experiences such as discussions, reviews,
           online presence, such as HBO (hbo.com).            and recommendations while watching the same show
                                                              simultaneously.  According to Mashable.com (mashable.
             Internet Radio                                   com/category/social-tv), social TV is “the union of televi-
                                                              sion and social media” and refers to “the phenomenon of
           Known by several other names,  Internet radio refers to  people communicating with each other while watching a
           audio content transmitted live via the Internet. It is a broad-  TV show or discussing with each other about television
   100   101   102   103   104   105   106   107   108   109   110