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EMI May Remove DRM From Parts of Catalog
An anonymous reader writes "Ars Technica is reporting that EMI may announce on Monday that it will be freeing much of its catalog from the shackles of DRM. The Wall Street Journal, in a subscription-only portion of its site, is saying that that Apple CEO Steve Jobs will be present at the announcement in London and that the music will be sold through the iTunes Store and possibly other online outlets. In early February rumblings were heard that EMI was thinking about ditching DRM, but EMI was unable to entice the likes of Apple, Microsoft, and others. As it turned out, EMI wanted a considerable advance payment to offset what it perceived as a risk: selling DRM-free music online. EMI's position was simple: if they sell music without DRM, then users will find trading it that much easier." There's also rumours of an Apple/Beatles announcement sometime today, perhaps tied into this drm decision.
EMI's share price has been plummeting for months. My guess is they're desperate to try anything. Hopefully the risk will pay off, but if the share price continues to fall, it won't look encouraging for other record companies. As of this morning they're only up half a percent.
Argh.
If they do announce this, I will go to the iTunes store and buy $50 worth of EMI music this evening. The only way other companies will follow suit is if Apple is telling them that EMI is selling more songs after DRM is removed.
Please direct me to the other major label music or media stores legally selling major label content online without DRM.
Thanks!
(Believe it or not, some people want major label content.)
And the restrictions are there because they needed to be. Apple is now using its power and clout to slowly remove them, because DRM is worthless for all the reasons we already knew, including the reasons Jobs, in his statement, articulated. If EMI was teetering, Jobs statement pushed them over the edge.
Like all things Apple does, no, they weren't "the first" and may not have "invented" said concept, but, as usual, they're the first to do it right, do it with tools (or content) people actually use, and do it en masse. Like it or not, this is huge, and just like all of the other things Apple didn't invent but actually took mass-market and made easy to use, like the mouse, the GUI, desktop publishing (LaserWriter), 802.11 (AirPort), a usable online music/media store (iTunes), etc. and so on, this will stand as a major shift in online media.
No, Apple isn't some kind of savior. But give credit where credit's due.
Well thank goodness! With DRM (thankfully) dead, I was thinking for a moment there that people would have to start thinking up yet another excuse as to why pirating music was not only ok, but in fact a good thing.
But here's a ready made one! Let the file sharing and self-serving moral posturing continue!