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Wednesday, November 17, 2010

Apple Got More Power Than Record Companies

Steve Jobs shows off iPhone 4 at the 2010 Worl...Image via Wikipedia
Steve Jobs controls the music industry now with Apple Itunes. In order to get in to the game record companies have agreed to sale music for 99cent. Record Companies executives have let technology dictate what gets sold and bought. Many record companies are making billions of dollars a year, and for some reason don't want to create their won platform to sale the music that they create. Apple I tunes controls 90% of the market share for music being sold right now.

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No More RIAA Lawsuits Against Online Music Sharing & Warner Music Won't Renew Contract

The Recording Industry Association of America, also known as the RIAA, announced recently that they will no longer be filing lawsuits against people who share music illegally online. I would also note, however, that the RIAA is following through with...

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