The Impact of Technology upon Metadata Costs: Courvoisier or Cold Duck?

The cost of collecting and organizing metadata for media assets remains high, although technological advances do - and will continue to - reduce these costs. As these costs continue to decline, media organizations will modify their practices to exploit opportunities that were previous uneconomical. — This paper examines the various components of cost associated with metadata, the impact that technology has had upon those costs, and how media enterprises have reacted to new opportunities as they have appeared. It further explores the potential impact of emerging technologies upon metadata costs and what effect they may have on the media and entertainment industry.