More online music stores - Apple enters the new market

Lasse Penttinen
28 Apr 2003 13:24

Is Apple turning into a media house? The ever innovative Steven Jobs is sailing his company to totally new waters by entering the budding online music sales & distribution market.

Apple CEO Steve Jobs took the stage at the Moscone Convention center here and pronounced a new era for digital music consumption, saying that other online music services are either illegal or unattractive.
"We were able to negotiate landmark deals with all of the major labels," he said of the company's newly launched iTunes Music Store. "There is no legal alternative that's worth beans."
Jobs is a respected visionary and his voice gets heard in the IT industry. It will be interesting to see what company is the next to follow this new trend. Micro$oft?
News.com

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