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GumGum Intends to be the "iTunes of Content"

By Josh Catone / February 14, 2008 10:08 AM

GumGum is a new license management solution for content owners that its founders say solves a serious problem with online content distribution. "Offline, content is licensed for a finite period of time to a predictable audience. These parameters enable content-owners and publishers to come up with reasonably good pricing arrangements," writes GumGum's founders, Ophir Tanz and Ari Mir, on the company blog. "On the Internet, however, content lives forever and usage is unknown. And herein lies the problem: How do you fairly price a license when circulation is unknowable?" The pair say that GumGum provides the solution via per usage licensing agreements.

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