Friday, August 31, 2007

Digital Dinosaurs?

News this week on two companies, both confusingly with "Universal" in their corporate names, having strong disagreements with Apple iTunes. This article sums up the situation extremely well.

And in case you were wondering about the effect of both Universals pulling out of iTunes, Apple's stock rose.

The best quote from the article linked above comes from Universal Music's CEO, Doug Morris, when asked for his opinion about iPods and mp3 players in general. He said:

“These devices are just repositories for stolen music, and they all know it, so it’s time to get paid for it.”