Word: downloading
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...well. You’ll probably need to blackmail them at some point during your Harvard career or when you’re both competing for that cushy job at Goldman Sachs six years down the line. In fact, you should probably just log onto Facebook right now and download one embarrassing photo of everyone in your class, because at least eight of them will make a run for president at some point. And when they do, guess whose farm will be subsidized on that next congressional pork bill! Many of you will be busy this week trying to procure...
Proposed price from NBC for an iTunes show download, more than double the present cost...
...introduced its much-heralded iPhone, Nokia is striking back by taking aim at Apple's dominance in the digital music biz. On Wednesday Aug. 29, in a gala event in London, Nokia CEO Olli-Pekka Kallasvuo announced that his company will soon fire up its long-anticipated music downloading service. The Nokia Music Store will go live later this year as a crucial component of a new Nokia website called Ovi. Competing against downloading sites like Apple's iTunes, it will let consumers download millions of songs directly onto their PCs and Macs or, unlike iTunes, straight onto their phones...
...Apple CEO Steve Jobs found Nokia's announcement interesting, there's little doubt that executives at the world's mobile phone networks found it positively riveting. Nokia's download site marks a radical departure from the traditional way of doing things in which handset makers like Nokia have to sell their phones to mobile operators like Vodafone, Orange, T-Mobile and 02. And those companies, in turn, sell services - not just voice calls but increasingly things like ring tones, music and other forms of entertainment - to consumers. In listening to Kallasvuo on Wednesday though, it was clear that Nokia...
...digital music business is one of the prime battlefields right now, with new vendors entering all the time. In the week alone leading up to Nokia's announcement, giant retailer Wal-Mart strengthened its downloading service, and MTV, Real Networks and Verizon Wireless joined music forces. They're all chasing a digital download business that the International Federation of the Phonographic Industry says grew to $2.1 billion in 2006, or 11% of all recorded music sales, as more artists embrace it. "Any band that's resistant to it is crazy," says Adam Levine, lead singer of Grammy-winning L.A. group...