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by James Robertson.
Original Post: Bronfman to the market: Drop Dead
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I see that the music industry moguls don't like what they see in the commoditization of their business - Bronfman of Warner Music is up in arms over Apple's 99c pricing on iTunes:
At an investors’ conference in New York, Warner Music Group CEO Edgar Bronfman Jr. said the price of downloaded songs should vary depending on the popularity of the songs and the artists. He called Apple’s across-the-board $0.99-per-song charge unfair.
“There’s no content that I know of that does not have variable pricing,” said Mr. Bronfman at the Goldman Sachs Communacopia investor conference. “Not all songs are created equal—not all time periods are created equal. We want, and will insist upon having, variable pricing.”
Sure there is - commodities. You just got disintermediated. It's time to realize that consumers like being able to pick and choose by song instead of by album.