The idea of ‘Open Source Media’ is so popular that two companies have been fighting over the name. Pajamas Media got off to a rough start this week when the company launched itself under the name ‘Open Source Media,’ which is already owned by a non-profit organization. Although off to a rocky start, Pajamas Media is a great example of how the open source model is changing the media business. Open source media differs from traditional media in that the content is owned by everyone and can be widely distributed, changed or modified using certain licenses.
I believe that open source media will not end up as a passing fad. I predict that in only five years, most people will regularly receive news and information from sources that don’t exist today.
The California Audio Report recently produced a great podcast, “Podcasting Becomes A Business” about how media content is currently developed by a tiny fraction of the people who consume it. Today we have very little choice where we get news and information. But the Internet infrastructure in combination with technologies such as blogging and podcasting provide the basis for virtually anyone to create and distribute information. Add google to the mix, and the stage is set for a paradigm shift that will have a paramount effect on the way information is created, distributed and consumed.
If everyone is creating and distributing content, the potential plethora of information may seem daunting. But although everyone may want their own talk show, there will most likely only be a few that you’ll care to listen to.
I believe that the most significant impact from open source media will be a much more diverse set of voices, opinions and analysis readily available to everyone around the world – verses listening to a few voices that media companies choose to air.