Universal Music Group Chief On iTunes, DRM, and Android
Universal Music Group GM & VP, Rio CaraeffCNET posted a great interview with UMG chief Rio Caraeff a few days back. In the interview, Caraeff discusses everything from internet radio, to DRM, and mobile music platforms. Some noteworthy points: Caraeff admits that the industry has come a long way in the past few years. He [...]
Apple iTunes Goes DRM-Free
Expect an announcement at MacWorld today about Apple’s new plans for iTunes. After a year with EMI being the only label to offer DRM-Free songs on iTunes, Apple is expected to announce today that all tracks are to be DRM-Free by the end of 2009. Reportedly, Apple has inked deals with Warner Music Group, Sony, and Universal Music Group, all agreeing to allow DRM-Free songs to be sold on iTunes. Apple was way behind the times on this one, and I would bet that this move comes only after recognizing their slip in marketshare to outlets like the Amazon MP3 store who had strong selection, higher MP3 quality, lower prices, and a growing fan base for the better part of the past year.
Beyond the lack of Digital Rights Management, it looks as though there will be plans for labels to impose pricing brackets on songs within iTunes. While that may make iTunes more competitive with other online MP3 stores, rumor has it that many of the songs will actually go up in price rather than down. Back catalog tracks will be priced as low as 79 cents each, but newer hit songs are expected to jump in price. I have to assume these terms were part of the compromise in getting the major labels to come on board…
