News
“Apple Said to Be Entering E-Music Fray With Pay Service”
Matt Richtel of The New York Times wrote about Apple’s rumored music download service.
“But Philip Leigh, a digital media analyst with Raymond James & Associates, an investment banking firm in St. Petersburg, Fla., said the presence of Apple in the market could give a lift to digital music services beyond the confines of Apple’s limited user base. The reason, he said, is that if Apple starts advertising the sale of music, “they’ll be advertising to the whole world.”“
Also note in the article that Hillary B. Rosen, the CEO of the RIAA (Recording Industry Assoc. of America) gave a favorable nod to the new Apple service.
“Hilary B. Rosen, the chief executive of the Recording Industry Association of America, said she believed Apple had struck an industry-friendly balance. Apple’s music service “has compatibility with a hardware product that is elegant and easy to use,” said Ms. Rosen, who said she planned to attend Apple’s news conference. “The Apple system has the potential to do for music sales what the Walkman did for the cassette,” she added.”
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