“Apple’s efforts to break into the streaming music business have attracted considerable attention from fans, investors, analysts and even a few lawyers in Washington, D.C.,” Aaron Pressman writes for Yahoo Finance. “But while Apple obviously shouldn’t get tangled up in another antitrust lawsuit, the company’s aggressive negotiations and strategies are actually positive signs of a market leader still fighting for more growth.”
“The latest controversy emanates from the company’s talks with record labels, which started out last year, seeking lower prices for consumers only to end up more recently allegedly looking for ways to limit or eliminate free, ad-supported services from Spotify and other streaming competitors,” Pressman writes. “But the attention from regulators — as well as the difficult negotiations themselves — point to a larger truth about Apple that should reassure fans and investors alike. Despite the death of Steve Jobs and the embarrassing (and likely expensive) loss in the 2012 ebook price fixing lawsuit, Apple is still striving to push the boundaries of competition and innovation.”
Read more in the full article here.
MacDailyNews Take: The e-book fiasco is being appealed. The only entities who should be embarrassed about that are the U.S. DOJ and Federal Puppet Denise Cote.
We don’t need proof of Apple’s continued quest to innovate. We have it on our wrists.
SEE ALSO:
Rival music services claim Apple’s App Store pricing is anticompetitive – May 7, 2015
U.S. feds weigh investigation of Apple’s forthcoming ‘iTunes Music’ streaming service – April 7, 2015
EU regulators already probing Apple’s music streaming plans in Europe – April 2, 2015
Apple’s ‘iTunes Music’ streaming service to cost $9.99/month, no free tier; iTunes Radio to get makeover – March 26, 2015
With iTunes Music, Apple wants to help music labels roll back the tide of free digital music – March 6, 2015
Liti-yyyyaaaawwwwnnnnnn-gation.
There will aways be those who are afraid of change and will try to put the brakes on progress. These folk want to keep everything the same as it was ‘in their time’. This conserving mentality was brought to a national stage with Walt Disney and his recreation of the ‘perfect America’ of 1910.
People who want to keep things that same as they were are the greatest impediment to the progress of mankind as there can be no progress without changing the way things are today. The conservative way is to keep things the way they are or worse, to go back in time and recreate anti-progress. If we want to improve, we can’t stay the same as we are. We have to risk a few mistakes and learn from them.
Happy Juneteenth. One hundred and fifty years strong.
Major hats off to Apple! Right on Tim and team for hearing the artists concerns and changing course ..
Cheers