In April 2003, the day after Steve Jobs announced the iTunes store, Esquire's Andy Langer interviewed Jobs at Apple. Although Jobs cut the interview short after less than twenty minutes, it's nevertheless an interesting read, as is Langer's more recent recollection of the interview.
Circa 2005, Steve Jobs was introducing a new feature to iTunes and he called them podcasts! Unfortunately, during the LIVE presentation Adam Curry was not happy with his Mac!! Priceless!
Bob Lefsetz has been sharing his opinions on the music industry for years. In last night's newsletter, he announces, "Let the games begin!" - and indeed, let them. Universal Music has declined to re-sign to a long term deal with Apple, essentially leaving them open to exclusive deals with other services. The fact that Doug Morris (chairman of UMG) and Zach Horowitz (President of Universal's parent company, Vivendi) have been gearing up to loosen the stranglehold that iTunes has on online distribution is not exactly news. They've used similar tactics against Microsoft's Zune and YouTube. But with the release of the iPhone and following his well-timed decision to openly "share his thoughts" on DRM, not to mention his landmark deal with (perennial "armpit of the industry") EMI to sell their music DRM-free and at a higher cost - the real question is: is Steve Jobs ready to play hardball?
The hugely popular iTunes is a success story. But not for Apple, which makes virtually no revenue from the online download service. "When that 99 cents leaves your wallet, the RIAA monopoly swallows most of it, and the credit card companies swallow the rest. As the supplicant in this relationship, Apple is left holding the can." Steve Jobs - "We would like to break even/make a little bit of money but it's not a money maker,"
Steve Jobs on selling apps based on life beyond the Net "I edited a digital movie of my children using our iMovie software," he said. "It took me about an hour, and when I showed it to my wife, she started crying. It was clearly the most emotional thing I've ever done on a computer in my life." ... "The Internet is a wonderful thing and for a while it was such a blinding bright light that it obscured every other bright light," he said. "It's a wonderful thing, it's a magical thing, but there are other wonderful things too. Music is a wonderful thing. Movies are wonderful things."