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Music Industry Threatens to Pull Plug on Apple

bacterial_pus writes "First the music industry wanted more money, by changing Apple's 99 cents per song policy. Now one exec is threatening to pull the plug on Apple if Steve Jobs doesn't change the iTunes Music Store pricing." From the article: "Nash's comments echoes those made last week by Warner CEO Edgar Bronfman, who called for Apple to adopt variable pricing and share out revenues from iPod sales. The record companies' position is based on the dubious argument that digital downloads sell iPods. In fact all the evidence points to the opposite: that iPod sales have driven demand for downloads. The vast majority of digital music sales are made by iPod owners. Cut off Apple and the labels digital sales will slump." More recently Jobs resisted their pressure, and the execs snarked back. Looks like they're getting more serious.

7 of 733 comments (clear)

  1. In other news... by Stickerboy · · Score: 4, Funny

    Ford and GM announced today that unless Exxon and Shell start sharing gasoline revenues, future SUVs will run on ethanol.

    --
    Light a fire for a man and he'll be warm for a day. Light a man on fire and he'll be warm for the rest of his life.
  2. Re:Ridiculous by DaveFromChicago · · Score: 5, Funny

    What? You mean the recording industry doesn't get a cut whenever a CD player or a set of speakers is sold? Clearly the music industry is floundering.

  3. I like STEALING THINGS by Thud457 · · Score: 5, Funny

    Fine with me, I'll just go back to stealing music.

    --

    the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff

  4. Re:Ridiculous by TCQuad · · Score: 4, Funny

    I think you're being a little harsh. Let's allow the market decide if the RIAA deserves some of the proceeds from iPod sales.

    At the sale of each iPod in the Apple store, ask the customer to donate $1, $10 or $25 directly to the RIAA. Apple will collect the money and (after assessing appropriate handling charges) send them a check.

  5. Re:Buy teh music companies by The+Amazing+Fish+Boy · · Score: 4, Funny

    That is wht the Tech big wigs need to do. Google should buy one, yahoo, MS and Apple...

    Yeah, that's a great idea! But since there's a fifth big record company, we'll need a fifth big technology company to buy another. Let's see... how about.. yeah! Sony! Since they're a technology company, they'll want to avoid nasty things like DRM and price fixing. I can see it now...

  6. Re:Quotable quotes by Hugh+Manatee · · Score: 5, Funny

    NO the humanity, the HUGE MANATEE!

    The name's Hugh. Hugh Manatee

  7. 4th option by ifwm · · Score: 5, Funny

    The finger