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Jobs has nothing to lose by talking about a "possible" DRM free world. He knows it's never going to happen. And even if it does, it's impact on Apple's business is probably negligible.Originally Posted by montecristo#4
By Steve Ragan Feb 12, 2007, 16:30 GMT
EMI one of the "˜big four' in the music world, is creating buzz stemming from talks held with online retailers to sell unprotected MP3 formatted music. Music with no DRM would be a big step from what EMI currently does which is license music to retailers like Apple's iTunes with some form of DRM included.
According to the Associated Press and the Wall Street Journal, both citing people "˜close to the matter,' EMI is fishing for proposals that will include the amount of upfront payment online music stores will offer in return for the rights to sell EMI's catalogue of music. Bands such as Cold Play, Reliant K, and The Rolling Stones would be included. The latter two artists were included in an online experiment that offered their singles in MP3 format with no installed protection. It was a huge success.
If EMI starts selling music, with no DRM, it could mean tens-of-millions of dollars for the already growing amounts of money, they collect with existing contracts for digital music sales. Will the others in the "˜big four' follow suit? There was no word from Warner, Sony BMG, or Universal, on the subject. Apple would not release a comment on what they called speculation.
Many already know about the letter Steve Jobs posted related to the "˜big four' and asking for the removal of DRM. The Wall Street Journal said in its story that one person close to the report said many major music companies were floating the idea of DRM removal, but EMI is the only one to publicly shop the idea around. Most of the responses to Steve Jobs and his letter were critical, each pointing that the loss of DRM would mean more piracy.
This point was addressed in the letter posted by Steve Jobs, it doesn't stop piracy, and people crack it anyway.
If EMI becomes the first of offer DRM free music online, the others will likely follow along. They are silent now, but that might mean they are watching to see if this new business
Maybe car companies should sell cars that only work with Chevron gas...Originally Posted by Tokyo Slim
I work in the music industry and am very involved in this issue.Originally Posted by Englandmj7
The death of recording industry is imminent. Thank you internet. The fuking industry that employs a bunch of hacks and scams artists of 95% of their royalties while providing nothing to the public but payola and ****** music.Originally Posted by dkzzzz
It's a classic case of big business resiting change. New media is here, but the guys with the deep pockets still want to live their posh lifestyles. I mean, I can understand the business reason for resisting change, but it gets to a point where it really stifles innovation and hurts the economy.Originally Posted by briancl