Jobs Says No Subscription Service
04.27.07 - 02:50pm
The “talks” with the big four are coming up and while Apple is putting the pressure on the record labels to implement DRM free music, they in return are putting the pressure on Apple to implement a subscription service.
A subscription service will give the record labels a residual income that they hope will make up for the loss of revenue they are currently suffering from.
Jobs however, is saying no at least at the moment. In an interview with Reuters he was quite frank in saying “customers don’t seem to be interested in it,” and that “the subscription model has failed so far.â€
Jobs however did add “Never say never.” After all while subscription services for the moment have not been so remarkable, on the iPod where you could download a 1000 songs, play them until your tired of them and then download a 1000 new ones for around $10 a month vs a $1000… - well it can definitely have its monetary advantages.
However, at the moment most people simply want their music to be DRM free something Jobs says should happen with at least over half of iTunes music library by the end of the year.
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