Digital Renaissance

<p><b>How digital technology is upending the traditional creative industries--and why that's a good thing</b> <p/>The digital revolution poses a mortal threat to the major creative industries--music publishing television and the movies. Cheap easy self-producing is eroding the position of the gatekeepers and guardians of culture. Does this revolution herald the collapse of culture as some commentators claim? Far from it. In <i>Digital Renaissance</i> Joel Waldfogel argues that digital technology is enabling a new golden age of popular culture--a digital renaissance. Analyzing decades of production and sales data as well as bestseller and best-of lists Waldfogel finds that the new digital model is just as powerful at generating high-quality successful work as the old industry model and in many cases more so.</p>