The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
NBC CEO: Apple Destroyed the Music Business

NBC CEO: Apple Destroyed the Music Business

by , 8:35 AM EDT, October 30th, 2007

NBC Universal CEO Jeff Zucker is pointing the finger at Apple and the iTunes Store as the reason media companies can't sell their wares online at what he considers to be profitable rates. His comments came during a speech at the Syracuse Newhouse School of Communications where he also urged media companies to take a stand against Apple, according to the Financial Times.

Mr. Zucker said "We know that Apple has destroyed the music business -- in terms of pricing -- and if we don't take control, they'll do the same thing on the video side."

Mr. Zucker's comments follow a very public feud between Apple and NBC over pricing at the iTunes Store. NBC claimed it wanted more flexible pricing for TV shows, while Apple claimed that NBC wanted to charge too much for programming.

Ultimately the two companies parted ways when NBC refused to renew its contract with the iTunes Store.

Mr. Zucker added that he urged Apple CEO Steve Jobs to price one TV show on the iTunes Store at US$2.99 instead of the standard $1.99 as an "experiment." He said that Mr. Jobs refused, and also would not entertain the idea of sharing iPod sales revenue with the broadcaster.

In an effort to bolster sagging revenues, NBC has decided to team up with News Corp to launch its own online video service dubbed hulu. Unlike the iTunes Store, hulu will be Web browser-based and shows will include commercials that viewers must watch.

hulu is available now, but is still in beta testing. If analyst predictions are any indication, it will shut down within a year, and NBC's content will return to the iTunes Store.

Recent TMO Headlines - Updated May 24th

Wed, 10:59 AM
Apple Launches New Swift Curriculum on iBooks Store for Free
Wed, 9:00 AM
Live Home 3D Pro for Mac: $24.99
Wed, 8:52 AM
macOS: Setting Your Default Printer
Tue, 11:13 PM
Apple Elevates Inclusion and Diversity to Rank of Vice President
Tue, 8:30 PM
How to Use Instagram Archive to Hide Old Photos
Tue, 6:10 PM
How to Use New 1Password Travel Mode to Protect Your Data
Tue, 6:05 PM
There's a $399 3D Printer on Kickstarter
Tue, 4:59 PM
No PC Maker Can 'Go After' Apple MacBooks with Good Design
Tue, 4:27 PM
Samsung Galaxy S8 Iris Scanner Already Hacked
Tue, 3:00 PM
iOS 10: Disabling Slack Indexing Might Improve Spotlight Search - Here's How to Do It
Tue, 2:11 PM
Soverin Secure Email 1-Year Subscription: $10
Tue, 1:46 PM
IKEA Says Hello to HomeKit, Apple's Diversity Boss, Huawei Targets the MacBook - TMO Daily Observations 2017-05-23
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!