Warner Music Group CEO, Edgar Bronfman Jr, is full of praise for Apple – sparking fresh speculation iTunes streaming music services may be on the way in the latest financial call.
He was very backward in responding to questions on this, saying:
“Apple is not currently a retailer involved in an access or subscription model. I’d probably like not to speculate on what Apple’s plans are – it’s really interesting technology that it acquired in the Lala acquisition. That’s a question that Apple management should answer,” he wrote as reported here.
“I don’t think Apple’s really that clear to the market (on the subscription suggestion), so I wouldn’t suggest it will not have an impact, but I certainly won’t speculate what kind of impact it will have.
“We made great progress with Apple last year on variable pricing. It’s our hope that we can continue to make great progress. But I can ‘t say that there’s a specific intiaitive today with Apple,” he said. Continue reading