December 9, 2003

Steve Jobs interview in Rolling Stone

found here Some nice comments about online music and dealing with the music industry: bq. Because of their technological ignorance. bq. Because of their technological innocence, I would say. When we first went to talk to these record companies -- about eighteen months ago -- we said, "None of this technology that you're talking about's gonna work. We have Ph.D.s here who know the stuff cold, and we don't believe it's possible to protect digital content." and bq. At first, they kicked us out. But we kept going back again and again. The first record company to really understand this stuff was Warner. Next was Universal. Then we started making headway. And the reason we did, I think, is because we made predictions. And we were right. We told them the music subscription services they were pushing were going to fail. MusicNet was gonna fail, Pressplay was gonna fail. Here's why: People don't want to buy their music as a subscription. They bought 45s, then they bought LPs, they bought cassettes, they bought 8-tracks, then they bought CDs. They're going to want to buy downloads. bq. They didn't see it that way. There were people running around -- business-development people -- who kept pointing to AOL as the great model for this and saying, "No, we want that -- we want a subscription business." bq. Slowly but surely, as these things didn't pan out, we started to gain some credibility with these folks. Posted by DaveH at December 9, 2003 10:30 AM