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Comments on news posted 2003-11-08 12:24:56: Despite I-Tunes incredible 80% market share, financials released this week indicate the company makes virtually no money off of each download. ..

page: 1 · 2 · 3 · 4
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Tomek
Premium
join:2002-01-30
Brooklyn, NY
·Packet8

Huh?

said by Article:

the vast majority of the profits made from each download go back to the RIAA

Can I say: WTF?
Not only that they don't host, distribute or promote the service, still they earn load of money.
Can I-tunes and other services place RIAA in court under Sherman's antitrust?
--
We are the Borg! Resistance Is Futile! You Will Be Assimilated!


ThirdShifter
Premium
join:2002-03-16
Vernon Rockville, CT
80% share who cares

I tunes.. 80% share. Makes sense. All PC users = Kazaa (p2p etc) Mac = itunes.

nasadude

join:2001-10-05
Rockville, MD
·Comcast

how about price fixing too?

I'm just wondering how it is that every online music service has a price of 99 cents per song. One would think that now there are 3 or 4 services and perhaps soon to be more, there would be some competition on song prices.

On the other hand, if nobody is making money except the RIAA on the sale of these songs, I guess there's not much room for the services to discount/compete.


backfeed
is giving feedback

join:2002-12-16
Peru, IN
I guess I would like to know.... How much Money does the RIAA need anyway?... Sounds like they are getting money from about every aspect of the music business there is. I wonder how they figure their market share?

joebear29

join:2003-07-20
Alabaster, AL


Register article is just plain nasty

Wow, I read the register article, and I don't get why the guy's so nasty to Jobs. The guy made the best deal he could, and it was a smart move for Apple. The idea of using iTunes to promote iMacs and iPods is pretty sound IMO. The DRM management applied to the songs is a joke. 99 percent of the time it can be ignored, and it disappears when it's burned to a CD.

I understand the annoyance/hatred the writer exhibits to the RIAA, but I don't think Jobs did anything wrong. Obviously, he is providing some type of service or people would not be using i-Tunes at all.

But the Register article itself was just plain nasty. It takes one viewpoint (RIAA/DRM is Satan's spawn) and then castigates anyone who deals with them as evil.

Oh, and the only Apple program I have ever used is iTunes.


Penguins
Have You Played Atari Today?

join:2001-12-01
Cleveland, OH
reply to Tomek
Re: Huh?

Are the top execs getting fat paychecks?

If so then everything is fine. Nothing to see here.
--
Pure magic in 2k of 6502.


Winerin
Premium
join:2002-03-30
Woodland Hills, CA
·Pacific Bell - SBC

What the hell?

Virtually all the money goes back to the RIAA? What the hell is up with that? Here is a legitimate attempt at making getting music legally and the RIAA sucks the project dry. RIAA is not in the business of protecting the interest of artists, it's a bloodsucking organization.


storm64007
Premium
join:2001-05-21
Freeport, NY

reply to joebear29
Re: Register article is just plain nasty

There are lots of independent bands and record labels on Itunes that have nothing to do with the RIAA and the money goes straight to the independent labels and bands. Same goes for Napster.

bmn
? ? ?
Premium,ExMod 2003-06
join:2001-03-15
hiatus

reply to ThirdShifter
Re: 80% share who cares

said by ThirdShifter See Profile:
I tunes.. 80% share. Makes sense. All PC users = Kazaa (p2p etc) Mac = itunes.

Actually, that's on both platforms... ITunes is out for Mac AND Windows. Apple holds 80% of the market share on all legal music downloads.
--
Male by birth... Geek by choice. -- Man... Earth's most foolish child.


ThirdShifter
Premium
join:2002-03-16
Vernon Rockville, CT

said by bmn See Profile:
said by ThirdShifter See Profile:
I tunes.. 80% share. Makes sense. All PC users = Kazaa (p2p etc) Mac = itunes.

Actually, that's on both platforms... ITunes is out for Mac AND Windows. Apple holds 80% of the market share on all legal music downloads.

Yup, The PC users had spoken. That buying legal music is not gonna help stop file sharing.
--
Anyone but Bush/Cheney 2004 Hope is a good thing, Maybe the best of things

bmn
? ? ?
Premium,ExMod 2003-06
join:2001-03-15
hiatus

said by ThirdShifter See Profile:
Yup, The PC users had spoken. That buying legal music is not gonna help stop file sharing.
Then explain why there was such a surge in legal music purchases at ITMS when the PC version was released, made by PC users ?
--
Male by birth... Geek by choice. -- Man... Earth's most foolish child.


ThirdShifter
Premium
join:2002-03-16
Vernon Rockville, CT

reply to ThirdShifter
Since i don't have the exact figures of this surge from ITMS users. I would assume most of them are from Music Match trying an alternative.

Lets see what happens with napster.
--
Anyone but Bush/Cheney 2004 Hope is a good thing, Maybe the best of things


oliphant5
Got Identity?
Premium
join:2003-05-24
Corona, CA

reply to bmn
Because you can have even a tiny percentage of PC users affecting a market previously dominated by a platform with virtually no market share. That doesn't mean that PC users are flocking to iTunes.

Just because there is a surge doesn't mean anything other than confirming that Apple platforms constitute a tiny portion of the desktop market.
--
Don't get it, demand it! The Anime Network »www.theanimenetwork.com/index.html


oliphant5
Got Identity?
Premium
join:2003-05-24
Corona, CA
reply to Winerin
Re: What the hell?

Amen! Well said.


rit56

join:2000-12-01
New York, NY

artistic development

they made a bad deal plain and simple. to bad for Apple and another example of the record labels way of doing things, the RIAA as well. they screw everyone they are involved with. each individual artist more than likely gets nothing out of it. I have no sympathy for them and their whining about PTP file sharing.


Bassistguy
Alrighty Then
Premium
join:2001-07-14
Ballwin, MO
clubs:

 Why??

Why does the RIAA get most of the money?.. lol Maybe I just don't keep up with all of this anymore... but why??? Does the artist even see any of the money?


Camelot One
Premium,MVM
join:2001-11-21
Sarasota, FL
clubs:

Because no matter what format you purchase it, the music is still copyrighted by the RIAA. That means CDs, Tapes, records, even digital downloads, all require some payment.

And the RIAA doesn't want online services cutting into their bread and butter. Just look back a day or two for the article talking about how already online, legal downloads have more than doubled single's purchases in the past few months. 99 cents for the digital version, what, $9 for a single on CD? If you were the one getting a % of the profits, which would you want to see sell more?

Don't get me wrong, they are still vultures.
--
AMD XP2500+ @2300mhz/ Asus A7N8X Deluxe rev 1.04/ 2x 512Mb Kingston HyperX PC3500/ WD 120Gb on serial/ Gainward GF4 4600/ Enermax 465P-VE/Custom water cooler

bmn
? ? ?
Premium,ExMod 2003-06
join:2001-03-15
hiatus

reply to oliphant5
Re: 80% share who cares

said by oliphant5 See Profile:
Just because there is a surge doesn't mean anything other than confirming that Apple platforms constitute a tiny portion of the desktop market.
That is true in one regard, but one has to wonder. With name the name recognition of Napster, how is that ITMS is out performing them almost 5 to 1?

You can argue that Napster is PC only, but then that argument would be negated by the fact that there are more PC users.
--
Male by birth... Geek by choice. -- Man... Earth's most foolish child.

bmn
? ? ?
Premium,ExMod 2003-06
join:2001-03-15
hiatus

reply to Winerin
Re: What the hell?

said by Winerin See Profile:
RIAA is not in the business of protecting the interest of artists, it's a bloodsucking organization.
The RIAA is not an artist ?! I could have sworn they were with the ability to create fantastic lies and spew.
--
Male by birth... Geek by choice. -- Man... Earth's most foolish child.


mrchris
We don't miss you Bush
Premium
join:2002-10-01
North Babylon, NY
·Verizon FIOS
·Optimum Online


Could be iTunes fault..

For making deals with the Music Mafia RIAA. Go peddle your ripping off and extortion elsewhere (RIAA), scumbags!
--
Play ET!
Forums » I-Tunes Successful, but Unprofitablepage: 1 · 2 · 3 · 4


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