Slashdot Mirror

← Back to Stories (view on slashdot.org)

Vivendi Calls iTunes Contract Terms "Indecent"

Posted by ScuttleMonkey on from the better-business-through-greed dept.

Bemopolis writes "Brace yourselves for a shocking revelation: The CEO of Vivendi, parent company of UMG, is not happy with the current deal with the iTunes Store. 'The split between Apple and (music) producers is indecent [...] Our contracts give too good a share to Apple.' The usual argument about older music priced at the same rate as new music is trotted out. No doubt UMG would prefer to make the former cheaper, while maintaining the current pricing for the latter. At least he had the decency not to claim that they were trying to defend their artists against predatory iTunes pricing. Or maybe he just misplaced the index card with that boilerplate on it."

4 of 288 comments (clear)

  1. I don't get it... by maccam · · Score: 5, Funny

    ...how can a company (UMG) that gets money for nothing be in such dire straits?

    --
    Half Word - Will Double, Wire Palindrome, San Francisco
    1. Re:I don't get it... by _Quinn · · Score: 5, Funny

      Turns out that chicks aren't free.

      --
      Reality Maintenance Group, Silver City Construction Co., Ltd.
    2. Re:I don't get it... by Anonymous Coward · · Score: 5, Funny

      Because of Steve Jobs. The Man's Too Strong and refuses to be Brothers in Arms to screw consumers. Once Upon a Time in the West, the music industry made money by controlling the distribution, but the Internet makes it One World and people from all Walk of Life can easily download songs for free. Jobs became the Angel of Mercy by opening iTunes Store and converting file sharer into paying customers. He asked the executives "Where Do You Think You're Going? Your Latest Trick doesn't work with the consumers anymore. You and Your Friend must offer music at a compelling price and a reasonable DRM." But the greedy executives issued a Communique calling consumers and iPod owners pirates and thieves. They prefer screwing consumers in their Tunnel of Love and stabbing iTunes in the back with a Six Blade Knife to making honest bucks.

      That's how!

  2. Pot Kettle Black? by EasyT · · Score: 5, Funny
    Having a music label (or CEO of a company that owns said music label) complain that someone else's contract terms are indecent is hilarious. It's like a nudist calling someone else underdressed.

    This is the most entertaining news I've read all day! Thank you, submitter.