“When Apple Computer CEO Steve Jobs walked into the suites of top record label executives in 2002, iTunes software in hand, he was welcomed as a trailblazer to a digital music future,” John Borland writes for CNET News. “Now, nearly two years after Apple’s iTunes launch, record executives have become worried that they have inadvertently ceded too much power over their industry to this charismatic computer executive.”
MacDailyNews Take: Duh.
Borland reports, “‘We hate the current situation,’ one top record industry executive said, referring to the issue of incompatibility between different companies’ music devices and services. ‘There is one man who’s going to decide this… No record company by itself can basically tell Steve Jobs, ‘You’re not going to get our catalog unless you open up FairPlay to Microsoft.’ We can’t do it together.'”
MacDailyNews Take: Hey, it sound like they’re finally figuring it out (or speaking about it to reporters, at least).
Borland reports, “For the most part, the labels have remained loath to push too forcefully against the company that still accounts for the vast majority of their new online sales. Instead, they are turning hungrily to the mobile phone market, where phones are slowly gaining the capacity to play music. Executives note that there are many times more cell phones than iPods in the world, potentially offering a far larger digital music market.”
Full article, a very interesting read, that gets into the Motorola iTunes phone and more here.