Fake Steve Jobs Nails It Again
July 8, 2007 – 8:04 AMFrom the ever-brilliant Fake Steve Jobs blog, on the topic of the major record labels. He nails it again, of course. Record labels, listen hard.
The music industry noobs have finally figured out what we’re doing
So you’ve no doubt seen this story or one like it explaining that Universal Music Group won’t renew its iTunes deal. And you’ve seen people saying that the majors are trying to "recalibrate" their relationships with us. Actually what’s happening is they’re crapping in their pants. They woke up one day and realized that we’ve got 80% share of digital downloads. Suddenly all the power in the value chain resides in one player. Oops.