Who Was Calling Who Greedy Now?
from the that-seems-awfully-familiar dept
Just a couple of weeks ago, as Apple and the record labels were fighting, Edgar Bronfman from Warner Music started complaining that they don’t get any money from the sale of iPods. We pointed out what a silly argument that was, since the recording industry didn’t create the iPod. During part of these very public arguments, Steve Jobs called the recording industry “greedy.” Look who’s greedy now? In what certainly looks like a similar situation, Steve Jobs is now rumored to be trying to get 10% of the revenue from certain accessory makers as a license fee to work with the iPod. This is quite a leap from the 1 to 2% charged previously. While the iPod accessory market is booming, that may become a lot more difficult with Apple demanding such a large chunk of the revenue. In many ways this seems quite similar to Bronfman’s desire to get money out of the iPod. It’s one company who wants in on the profits of a successful complementary market to their own offering, not just for the profits, but to better control that market.