“The iTunes Store seems set on trajectory to become the world’s biggest supplier of music within two years,” Jonny Evans reports for Macworld UK.
“Released in July, the UK Record Industry Annual Survey makes the claims within its annual in-depth analysis of the UK music sector,” Evans reports.
“The report predicts that Apple will outsell all the other record companies combined within two years,” Evans reports.
Full article here.
This is why Middlebronfman and the rest of his ilk are launching their weak streams, er… schemes. Jobs ought to send a case of Depends to each music cartel honcho as a gesture of goodwill before the next round of iTunes Store “negotiations.”
Related articles:
Universal Music tests sale of DRM-free music; excludes Apple’s iTunes Store – August 10, 2007
Digital music now comprises 15-percent of Warner Music’s revenue – August 07, 2007
Apple’s iTunes Store passes three billion songs sold milestone – July 31, 2007
Universal declines 2-year Apple iTunes Store deal, opts to go monthly; wants iPod, iPhone royalties – July 02, 2007
NPD: Apple’s iTunes Store now the 3rd largest U.S. music retailer – June 22, 2007
Middlebronfman kills Warner Music dead – May 11, 2007
What Apple and the music labels are discussing in iTunes Store negotiations – May 09, 2007
Apple CEO Steve Jobs seeks to end DRM in new iTunes talks with labels – May 06, 2007
Some music labels’ execs still think they can stop the inexorable DRM-free tide – May 04, 2007
Apple tells iTunes Store partners: you can offer DRM-free music and music videos soon – April 27, 2007
Apple enters re-negotiations with music labels in position of strength, to push for DRM-free music – April 20, 2007
EMI’s Nicoli on DRM-free iTunes: ‘We have to trust our consumers,’ Apple’s Jobs: ‘right thing to do’ – April 02, 2007
Kudos to Steve Jobs and Apple for having courage to call for end of DRM and making it happen – April 02, 2007
Apple: Higher quality 256 kbps AAC DRM-free music on iTunes Store coming in May – April 02, 2007
Warner’s DRM-loving Middlebronfman warns wireless industry it may lose music market to Apple iPhone – February 14, 2007
Warner’s Middlebronfman: Jobs’ DRM-free music call ‘without logic and merit, we’ll not abandon DRM’ – February 08, 2007
Apple CEO Steve Jobs’ posts rare open letter: ‘Thoughts on Music’ – calls for DRM-free music – February 06, 2007
NPD: Apple’s iTunes Music Store now the 7th largest U.S. music retailer, up from 14th last year – November 21, 2005
Warner’s Middlebronfman: ‘We sell our songs through iPods, but we don’t have share of iPod revenue’ – October 05, 2005
Warner music exec discusses decapitation strategy for Apple iTunes Music Store – September 28, 2005
Warner CEO Bronfman: Apple iTunes Music Store’s 99-cent-per-song model unfair – September 23, 2005
Wal-Mart and Best Buy still lead in the U.S. But for how much longer?
“Depends” ?? ROTFLMAO !
You might say that MiddleBronfman and his ilk are streaming into the wind.
how about sending them baby bottles filled with apple juice along with the depends?
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Speaking of negotiations,
I wonder how they are going/went. I thought they started in May, and only heard that one (universal?) changed the length contract period.
Any other news?
I think that estimation is wildly optimistic. I could see Apple becoming the biggest supplier in less than 2 years, but to become the majority supplier in 2 years (as the article states) would require a radical increase in sales (as opposed to continuing the trend).
Hey, man! I feel strangely small today.
WTF??
CSS awry?
“”The report predicts that Apple will outsell all the other record companies combined within two years,” Evans reports.”
Why did he say “all the other record companies as if Apple is one too, and how can that be when Apple sells music licensed from the record companies? Evans confused record companies and retailers, apparently. This kind of silly mistakes makes one wonder about the state of journalism.
If the record companies had any brains, they would follow Universal’s example and set up their own online music sites where they would sell DRM-free, high quality music tracks for $1.33. This CANNOT be that hard. And without worrying about DRM, they are not beholden to Apple, MicroSoft, Real, iPods, Zunes or anything else. (Of course, I’m assuming logic is involved here.)
At worst, it fails, and they still sell their tracks w/ iTunes with a 60% profit margin and at best, they make a dent in Apple’s sales, get to keep 100% of the profit and they don’t have to worry about complicated DRM-schemes and software/hardware compatability.
Of course, they could have done this years ago, but they were too enamored with their DRM subscription schemes to see the profit potential amongst the falling CD sales.
This is NOT a report rather, it’s a press release. There is no proof and virtually no statistics or anything to back it up. What a shame, such a great headline and nothing else.