Quote:
Originally Posted by dirk digler
What? Apple owns Itunes not the record companies. Amazon owns their service not the record companies. I am talking about the record companies and even the movie industry owning their own service to distribute their content electronically.
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You're missing the point, entirely.
Apple appealed to the record companies because it meant that they would stay in the record business and not get caught up in digital distribution.
It was a win-win for both.
Movie studios and record companies aren't interested and have never been interested in setting up digital distribution. I can guarantee that they're more than happy with iTunes and Amazon as their distributors and it's virtually no different than the "middleman" that used to exist in the analog world.
Why do you think the prices went from $14.99 and up to $7.99-$9.99? They cut out the Middleman in terms of distribution. CD's were sold for $8 a pop to middlemen who then sold them to retail outlets.
Those days are long gone.