The Economics of Open Content

With the support of the William and Flora Hewlett Foundation, Intelligent Television has been conducting a year-long investigation into "the economics of open content." This project is a systematic study of why and how it makes sense for commercial companies and noncommercial institutions active in culture, education, and media to make certain materials widely available for free—and also how free services are morphing into commercial companies while retaining their peer-to-peer quality. The project builds upon written work that Intelligent Television completed in 2005 with the support of the Mellon Foundation and Ithaka on "Marketing Culture in the Digital Age" (http://www.intelligenttelevision.com/research2.html), and also upon work being completed by Intelligent Television’s founder Peter B. Kaufman as part of the Mellon Foundation-supported Commission on Cyberinfrastructure in the Humanities and Social Sciences (http://www.acls.org/cyberinfrastructure/cyber.htm). The project also informs new economic models that Intelligent Television is establishing for its documentary work.

With the support of the Hewlett Foundation and MIT Open Courseware, Intelligent Television recently organized a two-day symposium at MIT on "The Economics of Open Content" that took place on January 23 and 24, 2006. This event brought together a wide variety of parties interested in open content — from commercial fields such as publishing, film, music, television, video, software, education/courseware and gaming, to cultural and educational institutions, to legal and business experts in academia. People representing many new and established commercial companies attended the event which featured a keynote address by New Yorker economics columnist and bestselling author (The Wisdom of Crowds) James Surowiecki entitled "Openness as an Ethos."

"The Economics of Open Content"
A Commercial – Noncommercial Forum
Co-sponsored by
Intelligent Television
and
MIT Open CourseWare
with the support of the
William and Flora Hewlett Foundation
January 23-24, 2006
Hotel@MIT
20 Sidney Street, Cambridge, MA 02139
http://www.intelligenttelevision.com/research.htm
Monday, January 23rd
8:30 a.m. Registration and coffee
9:00 a.m. Welcoming remarks
  Anne Margulies, MIT Open CourseWare
Cathy Casserly, William and Flora Hewlett Foundation
Peter B. Kaufman, Intelligent Television
9:30 a.m. New Models of Creative Production in the Digital Age
10:15 a.m. Collaboration and the Marketplace
  Mark Cooper, Consumer Federation of America and Stanford Law School Center for Internet and Society
10:45 a.m. Keynote address: “Openness as an Ethos”
  James Surowiecki, staff writer, The New Yorker, and author, The Wisdom of Crowds
11:15 a.m. Coffee
11:30 a.m. Industry Study I: The Economics of Open (Free) Software
  Richard Stallman, Free Software Foundation
12:00 p.m. Luncheon presentation: The Economics of Knowledge as a Public Good
  John Willinsky, University of British Columbia
1:00 p.m. Industry Study II: The Economics of Open Courseware
  Anne Margulies, MIT Open CourseWare
Steve Carson, MIT Open CourseWare
Shigeru Miyagawa, MIT Open CourseWare
2:00 p.m. Industry Study III:The Economics of Open Text
  Ellen W. Faran, MIT Press
Fred Beshears, University of California - Berkeley
John Willinsky, University of British Columbia
3:00 p.m. Coffee
3:15 p.m. “Convergence Culture”: Consumer Participation and the Economics of Mass Media
  Henry Jenkins, MIT
Joel Greenberg, GSD&M
Sande Scoredos, Sony Pictures Imageworks
4:15 p.m. Industry Study IV: The Economics of the Music Industry
  Terry Fisher, Harvard Law School
5:30 p.m. Break
6:30 p.m. Reception and refreshments
  The MIT Stata Center for Computer, Information, and Intelligence Sciences
  Ann Wolpert, MIT, presiding

Tuesday, January 24
8:00 a.m. Registration and coffee
8:30 a.m. If Only We Knew Yesterday What We Know Today
  Clifford Lynch, Coalition for Networked Information
9:00 a.m. Industry Study V: The Economics of Open Archives, Museums, and Libraries
  Ellen Dunlap, American Antiquarian Society
Kati Geber, Canadian Heritage Information Network
David Dawson, Museums, Libraries, and Archives Council, UK
Howard Besser, New York University
10:00 a.m. Industry Briefing: The Open Content Alliance
  Sumir Meghani, Yahoo!
10:30 a.m. The Economics of the Public Domain
  David Pierce, Copyright Services
11:00 a.m. Industry Study VI: The Economics of Film and Television
  Peter B. Kaufman, Intelligent Television
Marsha Kinder, University of Southern California
Frank Moretti and John Frankfurt, Columbia University
Victor Edmonds, University of California – Berkeley
12:00 p.m. Luncheon presentation: “The Wealth of Networks: How Social Production Transforms Markets and Freedom”
  Yochai Benkler, Yale Law School
1:00 p.m. The Economics of Film and Television - II
  Jay Fialkov, WGBH
Jeff Ubois, Archival.tv
2:00 p.m. Industry Study VII: The New Economics of Gaming
  Henry Jenkins, MIT
David Edery, MIT
3:00 p.m. Business Interests in Open Content
  Eric Saltzman, Creative Commons
Dave Marvit, Fujitsu
3:30 p.m. Coffee
3:45 p.m. “Everything is Miscellaneous”
  David Weinberger, Berkman Center, Harvard University
4:15 p.m. Next Steps: Cooperation across Institutions and Industries
  David Dawson, Museums, Libraries, and Archives Council, UK
Peter B. Kaufman, Intelligent Television
Paul Courant, University of Michigan
Jeff Ubois, Archival.TV
5:00 p.m. Meeting ends