Web 2.0 and film news

The BBC (as reported on their own news!) has decided to make some of their programming available of peer-to-peer networks. If people wanted to watch them then they are probably already on there. If people don't want to watch them then giving them away still won't work. But its good to see them doing it anyway. Is peer-to-peer releasing on your distribution strategy?

Time Magazine has decided the person of the year is 'You'. That is - it is the bloggers, podcasters, YouTubers etc. Nice of them to say so. Of course I was too busy reading blogs to actually buy the magazine of course! And the article has some great posed, studio shot photos to go with it - I'm not sure they actually understand what user-generated content is!

Both of these articles focussed my thinking on one thing. Where is the money going to come from? I had to skip an ad to get to the Time article. Is this the way forward for all media? And do we want that? Most of the web2.0 companies have yet to make a profit. And does the idea of pre-paid media that doesn't care if it upsets advertisers (eg BBC) become more important in that world?