“‘Apple has destroyed the music business,’ said Jeff Zucker, [President and Chief Executive Officer of NBC Universal], today at an event organized by the Newhouse School of Public Communications. ‘If we don’t take control on the video side, they’ll do the same’ to video,” David Schatsky blogs for Jupiter Research.
“Zucker made the comment in response to a question by moderator Ken Auletta of the New Yorker. (Auletta did a fabulous job of volleying one penetrating question after another at Zucker),” Schatsky reports.
“Zucker put in context the highly publicized conflict between NBC Universal and Apple over pricing on the iTunes TV show store. NBC sought to introduce flexible pricing; Apple refused,” Schatsky reports.
Full article here.
The Financial Times also has a report on Zucker’s comments, “‘We know that Apple has destroyed the music business – in terms of pricing – and if we don’t take control, they’ll do the same thing on the video side,’ Mr Zucker said at a breakfast hosted by Syracuse’s Newhouse School of Communications.”
“As part of NBC’s push for more flexible online pricing, Mr Zucker said he urged Apple for months to price one programme at $2.99 per download – as opposed to the current $1.99 – as an ‘experiment’ but was rebuffed by Steve Jobs, Apple’s chief executive.”
Full article here.
If by “destroyed,” Zucker means “saved,” then he’s completely correct.
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