Rumors suggest Apple may become a part of its own label in association with rapper Jay-Z and Beyonce. Word is that they would run the record label and bring some big names with them. It's so far out there it seems pretty hard to believe, doesn't it? I just think this kind of a thing carries so much risk, and it's outside of Apple's expertise. What do you think?
Apple Records?
3 comments:
I would say that it would good for Apple to become their own label. If they bring in competent people to run it. Jobs should be mostly hands off for the details. Having a rapper head the company might work if he is savey. Beyonce would be the big name that would get them noticed. Since Apple makes most of its money from hardware iPod sales, they could charge far less than 99 cents per song. Maybe even as low as 25 cents a song. This idea would scare the big labels, big time. There profits being cut by almost 75%. Of course this would be a risky move for Apple unless there are a lot of big name groups who are almost done with their big label contracts and can break away to Apple. Timing would be crucial.
I would say that it would good for Apple to become their own label. If they bring in competent people to run it. Jobs should be mostly hands off for the details. Having a rapper head the company might work if he is savey. Beyonce would be the big name that would get them noticed. Since Apple makes most of its money from hardware iPod sales, they could charge far less than 99 cents per song. Maybe even as low as 25 cents a song. This idea would scare the big labels, big time. There profits being cut by almost 75%. Of course this would be a risky move for Apple unless there are a lot of big name groups who are almost done with their big label contracts and can break away to Apple. Timing would be crucial.
One could argue that this kind of a move would be every bit as much a revolution in the music industry as the iPod+iTunes store ecosystem.
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