Music moguls trumped by Steve Jobs?

By John Borland
Story last modified Fri Apr 15 04:00:00 PDT 2005

When Apple Computer CEO Steve Jobs walked into the suites of top 
record label executives in 2002, iTunes software in hand, he was 
welcomed as a trailblazer to a digital music future.

Now, nearly two years after Apple's iTunes launch, record executives 
have become worried that they have inadvertently ceded too much power 
over their industry to this charismatic computer executive.

Frustrated at what they see as Jobs' intransigence on song pricing 
and other issues, some record executives are now turning their hopes 
toward other partners, particularly mobile phone carriers eager to 
get into the business of selling music. They see this new focus as a 
way to broaden the digital music business, and lessen Apple's 
dominance over their market in the process.

...

http://news.com.com/2100-1027-5671705.html




Reply with a "Thank you" if you liked this post.

_______________________________________________

MEDIANEWS mailing list
medianews@twiar.org

To unsubscribe send an email to:
[EMAIL PROTECTED]

Reply via email to