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April 07, 2007

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Chip Griffin

I appreciate your contribution to this topic. Your argument is well-considered. Here's my response.

My argument was that not all payments are financial in nature. In other words, you may not fork over cash, but there is a cost for content that consumers must "pay." In some cases, it may be waiting (time) as you point out. But certainly the old adage that time is money applies. For instance, I know someone who won't pay to get Peter Gammons' column on ESPN.com. But he religiously Googles each week to find someone who has posted it, or most of it, online. Clearly, that costs time. In that person's mind, less than the $4 per month in subscription fees, but nevertheless something (and I would argue that's an erroneous calculation).

Your argument about the content of the content definitely has merit. But it merely helps decide what you value and how much and in what form you are willing to pay. What you value is different from what I may value. But the content is still not free ... you are willing to pay cash for some, time for others, and other forms of "payment" for still more.

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