“Since Apple launched its wildly successful iTunes music store back in 2003, CEO Steve Jobs has adamantly refused to offer a monthly subscription service. If you want to buy music from iTunes, you do it either by the single or the album, that’s it. But that could soon change,” Paul R. La Monica reports for CNNMoney.
“Les Ottolenghi, CEO of INTENT MediaWorks, a digital distribution system that works with peer-to-peer networks, said he’s had meetings with people from Apple and he believes the company will announce a subscription service for iTunes within the next six months. ‘I think Apple is seriously considering a subscription offering right now even though they will probably tell you otherwise,’ he said. Spokespeople for Apple were not immediately available for comment,” La Monica reports.
La Monica reports, “So far though, it appears that Apple has made the right decision to spurn the subscription model. Rival online music stores, such as Napster, RealNetworks’ Rhapsody and Yahoo’s Y! Music Unlimited, that offer monthly subscriptions have failed to attract a lot of interest. In fact, I wrote yesterday about how teens widely prefer iTunes to subscription-based music stores.”
“But Ottolenghi said that even though music subscription services have struggled against iTunes so far, he doesn’t think consumers are necessarily averse to paying monthly subscriptions. He argues that because Apple doesn’t offer a subscription product, that’s why music fans haven’t embraced the model,” La Monica reports.
Full article here.
Subscriptions for music? Well, okay, whatever – for those that want that option. But, subscriptions for movies and/or TV shows, now that could have some real widespread interest!
CNET Editor: Apple will soon introduce subscription-based music and video service – June 01, 2006
Consultant: Apple iPod dominance holding back subscription services – April 17, 2006
EMI Music Chairman: Music subscription services like Napster and Rhapsody haven’t beeen huge – January 23, 2006