In 2007, there were 91 million songs available on iTunes but 91% of them sold only one copy each. The theory of the long tail was supposed to show how the Internet allowed consumers to find and indulge in their niche interests. But research like this on iTunes and similar research on movies shows that consumers continue to 'nibble' on their more obscure tastes and gorge on a small number of mainstream hits.
Read more here: http://www.slate.com/id/2195151/
And while you're visiting Slate, another great article is "Things are not what they Stream: Have corporate pranks gone to far?" It's a look at YouTube fakes, 'murketing,' and the value to the brand in the big 'reveal' when the brands are found out.
Here's the article: http://www.slate.com/id/2195687. Now go watch the video they're talking about where the cell phones pop corn kernels: http://www.youtube.com/watch?v=V94shlqPlSI
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