Saturday’s New York Times detailed the rising battle between Apple Computer and the recording industry over pricing of digital music downloads. Apple, Digital Music’s Angel, Earns Record Industry’s Scorn [New York Times]. Apparently, the music industry dislikes the $0.99 fixed per-song price pioneered by Apple as part of its iTunes Music Store.
Now that’s quite a metaphor. Seems that Lack is saying that his revenue stream is someplace where the sun doesn’t shine. Perhaps the record labels need a proctologist? I represent these guys (at the FCC), but I still can’t understand their business strategy. Before iTunes, they were nowehere in the digital domain. But I guess for content in today’s information economy, it’s acceptable behavior to look a gift horse in the mouth. Or even some other part of the anatomy.