Is the Concept of a Release Date Still the Right Answer?

By Mark Vincent

Share

new music fridays

Is the concept of a release date still relevant in the digital world?

This came to mind as a result of my DJ hobby and hearing a new tune on Radio 1, which I thought would work perfectly in my next set.

…except it’s not released yet and no release date mentioned either.

So it’s on Radio 1, therefore people are hearing it and some will want it. And yet there is no possibility to stream or download until the release date, which is unknown right now.

I understand the psychology of wanting something more when we can’t have it but isn’t there a secondary consideration in our modern world? We are fickle and flooded with information, so my observation is that most of us will do one of two things:

  1. Either forget all about it because our attention and cash will go elsewhere
  2. Or find a way to get it illegally. Heard of Streamripping?

On the second one, Spotify proved that making a legal option available, in a form that consumers want, reduces piracy.

Movies appear to follow a similar pattern, whereby the concept of cinema and then DVD release restricts streaming services having new films right away. So consumers who prefer the streaming format have to wait or find other alternatives.

When the world changes we can hold onto traditions and industry norms longer than we should, forgetting what they were designed to address in the first place. A good test is whether you would set things up that way if you were designing it from scratch today.

The release date made sense in the world of CDs and Vinyl, where it was made available in the shops at a pre-determined moment in time; a function of the processes of making and shipping physical products to the shops.

I wonder if in the modern world of streaming the concept of a release date, or holding back availability to some pre-determined point in the future, still makes sense?

Get in touch

If you’re starting a change, or already on the journey and need some support, we can help.

Whether it’s coaching or mentoring your leadership team, diagnosing low engagement or leading a change on your behalf, we have a range of options to suit different situations and budgets. Contact us by clicking the button to find out more.

Related content

Leading change

Browse our free video library for practical tips and recommendations on leading change

The Secret to Making Organisational Change Feel Less Overwhelming

After the global events of recent years, it’s no wonder many of us are likely to think of change as a fast-paced sprint that can be unpredictable, unplanned and overwhelming. However a focus on certain core principles can be the key to ensuring that the change is an overwhelming success rather than just overwhelming!

Tzeporah Berman – The global treaty to phase out fossil fuels

Fossil fuel based energy is still the cheaper option for most consumers despite renewables being cheaper to produce. This talk focuses on why that is and discusses the treaty that’s gathering momentum to fix it.

Rory Sutherland: Sweat the small stuff

Rory Sutherland discusses how our perception of things shapes our reality. This is an area of increasing focus for behavioural economics and in business. Understanding how we really behave and how irrational we are means that seemingly small and inexpensive changes can have a disproportionate effect on our behaviour and therefore the outcomes that result from it.

When our Mind Works Against us

Paying attention to our physical wellbeing is considered normal, yet our mental wellbeing receives far less attention for most people, despite powering everything we do. And when it works against us the results can be catastrophic.

Join the conversation