Each day I’m more and more baffled by how stupid big label executives are. I’m really starting to believe they want to go out of business.
In a recent news article on Billboard.com there was a blurb about how Microsoft has agreed to share revenue from the sales of it’s Zune player with record labels and artists. The main company really pushing this was Universal Music Group, which at this point is the only label that is listed to receive revenue shares from Zune sales. UMG refused to license any of it’s music to be played on Zune unless unless it could receive a percentage of each device sold, in addition to standard music licensing fees for downloads and subscriptions.
UMG’s reasoning behind this?
“These devices are just repositories for stolen music, and they all know it,” UMG chairman/CEO Doug Morris says. “So it’s time to get paid for it.”
What? Did you really just say that? How ignorant can a person be? This guy is so blinded by his own greed that he’s convinced himself there’s not an honest person left on earth. I’m literally insulted. My current iTunes library has 3,317 completely legal songs in it. I don’t steal. And for him to imply that all music listeners are thieves really is the most absurd thing I’ve ever heard.