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Apple’s Jobs warns on ‘greedy’ music pricing

Posted by on September 20, 2005

Apple’s Jobs warns on ‘greedy’ music pricing – Yahoo! News

On the other hand, Sony BMG CEO Andrew Lack said at a Reuters gathering earlier this year that Apple is benefiting from two revenue streams, sales of both the iPod devices and song downloads, while the music industry has only one.

“I’m not making any money on this,” he said. “I’ve got one revenue stream that a proctologist would have a hard time analyzing. It’s not pretty.”

That’s a new one for me. I’ve never heard a CEO referring to a proctologist about a revenue stream. I believe Andrew Lack is talking about the “It’s not pretty.” part of the revenue stream when he’s talking about proctologists.