But the entertainment industry is different — they work off another business model, one that stipulates going low to high as demand increases. With entertainment (and branded fashion), the product is unique and therefore subject to proprietary whimsy. See, many people can change a car’s oil; very few can sing like Adele. As such, despite the fact that infinite recordings can be dispensed of her work with no harm to her skillset, iTunes can charge the premium $1.29 for her songs (as opposed to the “lessers’” price of In entertainment, nothing has a value until suddenly people are willing to pay for it, i.e. the market creates the demand. YouTube channels had no worth previously because no one knew how to monetize them and still get people to watch. Now that interactive advertising has temporarily solved that problem (ads are a patch — not enough people are clicking to make them really worthwhile), YouTubers have obtained a “value.” Obviously, it is something of a shame that they have, because, like you, I like free things. But that is “Selfish Jeff” talking rather than “Heuristic Jeff” who understands the importance of paying for said goods and services. And now that YouTubers have value, we can distinguish which amongst them has premium value..99). What percentage of that actually makes it back to Adele is a topic for a different discussion. But as Adele’s value becomes higher, iTunes’ algorithms and focus testing will reflect that, and the company will raise its prices because people will continue to pay. here