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Digital Rights Management (DRM)

Some initial thoughts on DRM that will eventually become an objective analysis of the topic:
  • DRM is implemented on digital content to enforce use-rights (extent of copying, pass along, read aloud, etc.)
  • Use-rights may have been established by author contract, third-party asset contract, or publisher policy
  • Use-rights may also be a condition of distributing in a particular format, platform or channel
  • Publishers, authors or others will most likely implement DRM when they fear some degree of lost sales
    • Pass along with no criminal intent
    • Outright piracy of the digital edition
  • Risk of lost sales rises with:
    • Increased value of the information
    • Propensity of the consuming population to pass along the material
    • Lack of other ways to monetize the material other than its direct sale
    • Increased popularity of the material
    • Interconnectedness of the user population (how well they know each other)
  • Risk of lost sales decreases with:
    • Degree of personalization of the material
    • The degree to which the content in monetized in some way other than direct sale (a library subscription, for example)
    • The degree to which any particular piece of content is relevant to only a small group of users
    • The degree to which the material is best consumed in print (leading to an increase in print sales)
  • DRM is generally platform-specific and non-interoperable

Publisher decision matrix:

   Benefits  Risks
Maintain DRM
  • Status quo
  • Teach people to find pirate sites/crack DRM (unlikely for most consumers)
Remove DRM
  • Increase sales (of print editions) from increased awareness
  • Increase in unauthorized/casual pass along
  • Increase in piracy (risk seems low in most markets)

Some hypotheses:
  • Make it easier to find and buy a legitimate copy than to find and use a pirated copy.
  • Inhibit casual or innocent pass along that can result in significant loss of sales
  • Maintain the legit/pirate effort differential until a services or ad-supported business model can replace it.