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News   - 09/21/2005

The tale of Steve -Jobs-, iTunes Music Store and the greedy record industry...

From Paris with... not so much love...

Steve addressed the Music Industry on iTunes, pricing and business models.

"Apple Computer boss Steve Jobs, the man behind the popular iPod digital music player, called the music industry greedy for considering a hike in the price of digital downloads, warning that such a move would drive users back to piracy."

You may ask why, since you're a faithful iTunes Music Store customer...

"Record companies have begun rethinking how to price songs sold over Apple's iTunes Internet shop--99 cents each in the United States and 79 pence in Britain--before new contract negotiations come up with the California-based company."

Steve's answer:

"If they want to raise the prices, it means that they are getting greedy," Jobs, chief executive of Apple, said at a news conference here Tuesday. "If the price goes up, they (consumers) will go back to piracy and everybody loses."

Could he be more clear about it? Read more...

Source: News.com    
 
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