Record Labels Want a Piece of iPod Revenues || iPodObserver
How’s this for being greedy??
The big record companies, in addition to the gazillions of pounds they bleed from consumers by charging so much for digital downloads, now think they should be entitled to a share of teh profits from the iPod
“Not all songs are created equal — not all time periods are created equal,” Mr. Bronfman told those assembled at Goldman Sachs’ Communacopia investor conference. “We want, and will insist upon having, variable pricing.” His words were reported in an article on the Red Herring Web site.
Mr. Bronfman then upped the ante by describing his industry as “the arms supplier in the device wars between Samsung, Sony, Apple and others.” He insisted: “We are selling our songs through iPod, but we don’t have a share of iPod’s revenue. We want to share in those revenue streams. We have to get out of the mindset that our content has promotional value only.”
As for variable pricing, Mr. Bronfman was quick to point out that “some songs should be $0.99 and some songs should be more. I don’t want to give anyone the impression that $0.99 is a thing of the past.”
the sheer greed of these people stagger me - they know that they are enjoying their last gasp of having any large-scale earnings since it is only a matter of time before they are superfluous and are trying to wring every lastdrop out of the stone before they go bankrupt
Everyone knows that it is inevitable that piracy will rise once again if they put the prices up - it is a ridiculous position to take
