At the Supernova conference, day one, at Wharton West in San Francisco.
Chris Anderson talking about his Big Idea: the Long Tail.
Gah! Dave Goldberg of Yahoo’s music service says they have 5 billion (!) song ratings entered by users. 150 million a month. That’s a lot of data! Also: They stream a billion songs a month and 350 million music videos a month. YE GODS.
Goldberg also says TiVo missed the opportunity to make their recommendation filters really good and useful. (They are currently quite bad and bizarre.)
David Hornik of August Capital keeps using the phrase “extract value.” Very business.
Jeremy Allaire of Brightcove says big studios are spending $50-100 million each just to clear the rights on all their old content so they can distribute it over the internet.
Bottom line: Whatever, I’m sure the Long Tail is very long and very profitable. But I think being a “Long Tail company” per se would be boring. Making content is where it’s at.