Whole Network Analysis Commentary Education Innovation Legal RIAA, MPAA Stats

 

iTunes meets iBillion

Filed in archive Companies by Marc on February 23, 2006

itunes.jpg

Apple licensed-music service ituneslinks broke one billion songs sold three years after opening. Alex Ostrovsky from West Bloomfield, Michigan bought the billionth song and won a 20-inch iMac, 10 iPods, and a $10,000 iTunes Music Card.

"I hope that every customer, artist, and music company executive takes a moment today to reflect on what we've achieved together during the past three years," said Steve Jobs, Apple's CEO. "Over one billion songs have now been legally purchased and downloaded around the globe, representing a major force against music piracy and the future of music distribution as we move from CDs to the Internet."

The announcement was met with a range of reactions. Apple's digital music success has made it a Wall Street darling and driven its personal computer sales. Competitors have not been able to cut into the company's market dominance. The major recording labels seek to take back power and change the company's flat dollar a song pricing. To consumer advocates Apple illustrates that digital music can be sold despite illicit P2P activity and that there is huge room for innovative marketing. At the same time many criticize the restrictive DRM packaging.

In comparison a few billion songs a month are downloaded over P2P networks.






Permalink: iTunes meets iBillion
Tags: apple  itunes 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/16351





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.


  • Testimonials

  • 'I very much enjoy your blog.'

    'The blog is really good. You do a great job.'


  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Abuse Analysis Artists Business Commentary Community Companies Consumer rights DRM Education Entertainment industry Events Finance Free and Legal Files Fun Gaming Government Innovation International Internet Legal Lending Marketing No go People Privacy & Security Products Retail RIAA, MPAA Society & Public Policy Software Sports Standards Stats Technology Video