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Music Exec Fires Back At Apple CEO

geniusj writes "Warner Music Group CEO, Edgar Bronfman Jr., has fired back at Steve Jobs in response to the Apple CEO's claim that having variable pricing for iTunes music would be 'greedy.' From the article: 'To have only one price point is not fair to our artists, and I dare say not appropriate to consumers. The market should decide, not a single retailer ... Some songs should be $0.99 and some songs should be more. I don't want to give anyone the impression that $0.99 is a thing of the past ... We are selling our songs through iPod, but we don't have a share of iPod's revenue ... We want to share in those revenue streams. We have to get out of the mindset that our content has promotional value only.' Perhaps iPods combined with iPods are selling music as well, and it's not just a one-way street?"

8 of 610 comments (clear)

  1. The Obligatory Remix by BandwidthHog · · Score: 4, Funny

    An oil industry spokesman said the oil industry should not have to use its content to promote the sale of vehicles for Hummer or anyone else, and not truly share in the profits.

    “We are selling our gas through H2, but we dont have a share of H2’s revenue,” he said. We want to share in those revenue streams.

    The cash register industry did not return calls seeking comment, but representatives for the tobacco industry are reported to be participating in high level talks with the AMA.

    --

    Quantum materiae materietur marmota monax si marmota monax materiam possit materiari?
  2. Re:Taking this to its logical conclusion by Anonymous Coward · · Score: 5, Funny

    I also suggest speakerwire be taxed per foot, since the longer the cables, the bigger the room and thus the more people can listen at the same time.

  3. Re:kill the goose by MrAndrews · · Score: 4, Funny

    It's a wonderful two-pronged attack: the goose's contract to turn out eggs expires ahead of the other egg-laying beasts in the kingdom, so insist they turn out platinum from now on. This drives people to the chicken and the ostrich - because they have no such platinum requirements for at least another year or two - and puts the goose's monopoly on eggs in the crapper. In three years, none of the birds will have any great advantage over one another, and platinum will be the new standard. Win/Win!

    It's greed, but it's brilliantly strategic greed.

  4. Re:Do they get a share of the sale of CD players? by Drooling+Iguana · · Score: 5, Funny

    He should run for President.

    --
    ... I'm addicted to placebos
  5. Re:Do they get a share of the sale of CD players? by The+Ultimate+Fartkno · · Score: 4, Funny

    If there was ever a time to use the word, I'd say that this was it. If he's claiming that he's not getting paid for sales through iTunes, then he's a fucking liar. If he's saying that he deserves a cut of the sales of iPods, then he's a fucking thief. And when he says that "we have to get out of the mindset that our content has promotional value only" then I really have to say that I have no idea what the *fuck* he's talking about! What other value could music have? Does he want to collect personal property taxes on my old U2 albums? Dividends? Insulation value? Ham?

    Now quick, somebody mod me up +5, fucking confused.

  6. Re:Do they get a share of the sale of CD players? by banzaimonkey · · Score: 5, Funny
    Shares of Apple were up $0.47 to $52.37 in recent trading, while shares of Warner Music Group were down a penny to $18.03.

    I think that alone says something.

    As for the rest of the article, allow me to translate:

    Waaaaaaaaaaaaaaaaaaah.

  7. President? by nhaines · · Score: 5, Funny

    He's overqualified. ;)

  8. Re:Do they get a share of the sale of CD players? by natronxx · · Score: 5, Funny

    Fortunately for all you Americans, I believe this jackass was born in Canada which would disqualify him from running for president.

    Unfortunately for us Canadians, his being a jackass makes him perfectly qualified for running Canada.