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If you are interested in stats and examples about the power and cost of social media, check out this video.
Sort of an oldie but goodie, but a great way to grab the attention of skeptics: Social media is more popular than online porn!
Some great stats there, thanks for sharing. And it's always good to underscore the points about value and relationships as many are still distracted by all the shiny new tools. At the end of the day, they're a new means to an age-old end: trust.
I would really like to know what people here think of this recent post I saw. http://www.p2pnet.net/story/31318 It seems that Spotify a service similar to last.fm have paid Lady Gaga $167 USD for her song Poker Face being the most popular song for it's first 5 months of launch with over a million listeners.
The result of all this file-sharing and free distribution of music has now resulted in music the commodity becoming valueless. I understand that an artist like her is going to get her money from live performances as would an indie artist but it is only a matter of time before they devalue live performances too at this rate.
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