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."

Comments

It *is* obvious to the music industry

[LighterShadeOfBlack]

The music industry aren't complete idiots. They know people don't want DRM'ed music, just like they knew people didn't want to pay inflated prices for records for 30+ years. That's not the point though. It's not about what we want, it's about what they want, and what they're willing to do to get it. Whether they violate racketeering laws, buy legislature, or lie straight to the faces of their customers every second of every day, it's not because they're stupid. It's because they're greedy crooks.