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ARTICLE · 17 NOVEMBER 2010

Social Media – The IP Angle

Lawrence Graham LLP: Commerce & Technology
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Social media is about user-generated content which is used across a diverse range of web based systems, enabling people to "socially" interact with one another.

United KingdomIntellectual Property
Georgie Collins
Georgie Collins

What the Fuss is all About and Why it Matters

Social media is about user-generated content which is used across a diverse range of web based systems, enabling people to "socially" interact with one another. The most popular social media websites include Facebook, Youtube, Twitter and LinkedIn, although these are really just the tip of the iceberg. Sites such as these provide a whole new platform for conversation, interaction and opportunities.

Bearing in mind that it took radio 38 years to reach 50 million listeners, TV 13 years to reach 50 million users, and the internet 4 years to reach 50 million people, Facebook recorded 100 million users in 9 months and, as of July 2010, has over half a billion users worldwide and is the biggest single destination on the mobile internet. Organisations and web based users have transferred from being content consumers to content producers. We can no longer ignore social media websites, it's part of our daily conversation. Many

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