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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?"
Some songs should be $0.99 and some songs should be more.
Hmm. How interesting that he didn't say some should be less. I agree with the idea that the market should set the prices, and that those prices will inevitably land all over the place, but he wants to define a lower bound.
I think the RIAA should pay *me* to listen to some of their crap. I know they pay other people to get me to listen to their stuff. I propose we cut out the middlemen and they just pay me directly.
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Betrays this guy's real thoughts.
"Some songs should be $0.99 and some songs should be more."
If he was REALLY interested in letting market forces decide prices, they could be less then $.99 as well.
But you know that's not in the plans.