Sunday, September 25, 2005

Greedy? Sounds right.

In this article, comments from Warner Music Group CEO Edgar Bronfman Jr. certainly make him sound pretty greedy to me. He first says that online music distribution should raise its prices (and complicate the distribution) to charge more for certain songs, but then he also mentions that he wants to share in iPod revenue streams. What the hell is that about? Did the music industry get a cut from CD equipment manufacturers? Or tape players? That is a bit ridiculous. Then he says that he wants to get out of contracts with satellite radio and to charge them more for music. Sounds greedy to me.

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