When It Comes To Music, I’m Label Conscious

The recording industry is looking more thug-like as each day passes.
According to several sources, including Wired’s Listening Post, Universal Music Group, the largest recording business in the world, will not sign its annual contract with Apple to sell its music in the iTunes store (the 3rd largest music retailer in the U.S.).
The move is meant to pressure Apple into a deal where they would share revenue earned on their music playing devices–the iPod and the new iPhone.

Universal likely wants Apple to pay the same $1-per-unit fee that Microsoft pays Universal for every Zune it sells, and could be willing to hold its catalog hostage as a negotiating tactic.
We’ll just have to wait and see who flinches first in order to find out whether Universal’s catalog will be pulled from iTunes in the coming weeks. If Apple acquiesces, it could soon find itself doling out a dollar to each major label every time it sells a music player.

I hope Steve Jobs tells Universal to shove it. In the meantime, I’m done buying music on any of Universal’s many labels, including Geffen, Interscope, Island Def Jam, Lost Highway, MCA Nashville, Mercury Nashville, Motown, Universal or Verve.

FacebookTwitterGoogle+PinterestLinkedInRedditStumbleUponEmailDiggShare
About David Burn

Native Nebraskan in the Pacific Northwest. Chief Storyteller at Bonehook, a guide service and bait shop for brands. Co-founder and editor of AdPulp. Contributor to The Content Strategist. Doer of the things written about herein.

  • http://www.guerrillacomm.com Propaganda Minister

    Well, is anyone still buying music straight from the record labels anymore? Universal better be careful that they do not turn into a Blockbuster.

  • fortyver

    So what Universal is saying to digital music consumers and iPod owers is this: “Pirate our music. We don’t care.”
    Oh, UMG and RIAA, cut the “It’s for the artists” crap. Artists don’t make any money on music sales anyway, at least on the majors. It’s all about the touring and merch.