Ahead of contract re-negotiations with record labels, Apple CEO Steve Jobs indicated he is unlikely to heed calls for a subscription-based iTunes music service. “Never say never, but customers don’t seem to be interested in it,” Jobs told Reuters.
“The subscription model has failed so far.” Jobs reaffirmed that “people want to own their music.” Jobs also said that, following EMI’s lead, the other major record labels are considering dropping copy-protection on their music offerings. “There are a lot of people in the other music companies who are very intrigued by it,” Jobs said.
“They’re thinking very hard about it right now.”
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