Jobs Says People Don't Want to 'Rent' Music
eldavojohn writes "PhysOrg is running a piece on a recent speech by Apple CEO Steve Jobs about DRM free music. While we know that Jobs is a self proclaimed proponent of DRM free music who's not all talk, he's now said that 'by the end of this year, over half of the songs we offer on iTunes we believe will be in DRM-free versions. I think we're going to achieve that.' Jobs pointed out what's obvious to us, the consumers, but isn't obvious to the music industry — 'People want to own their music.' He also dismissed subscription based music as a failure, and claimed a lot of other music labels are intrigued by the EMI deal."
Jobs also sent out a memo yesterday to all content providers letting them know that any and *all* of them could sign up to provide DRM-free and higher qaulity downloads from May onwards. Hopefully Nettwerk and similar labels will sign up for this, and the remaining major labels either follow suit or get forced out of the music business. Its good to see iTS (and the Amazon store) making steps towards a sensible sales model.