Jobs Says People Don't Want to 'Rent' Music

eldavojohn writes "PhysOrg is running a piece on a recent speech by Apple CEO Steve Jobs about DRM free music. While we know that Jobs is a self proclaimed proponent of DRM free music who's not all talk, he's now said that 'by the end of this year, over half of the songs we offer on iTunes we believe will be in DRM-free versions. I think we're going to achieve that.' Jobs pointed out what's obvious to us, the consumers, but isn't obvious to the music industry — 'People want to own their music.' He also dismissed subscription based music as a failure, and claimed a lot of other music labels are intrigued by the EMI deal."

10 Points for Stating the Obvious

[Philomathie]

Huh, imagine that, people actually wanting to own what they buy? :)

Re:Well, duh

[Anonymous Coward]

Not true. People love to pay for things. It makes them feel special. Why do people buy "premium" Frosted Mini Wheats, when everyone knows that Frosted Mini Spooners are better? It's because people who pay for the more expensive cereal think that they are cooler.

Re:Memo

[bblboy54]

Its good to see iTS (and the Amazon store) making steps towards a sensible sales model.

My money is on the fact that Amazon has a patent on sensible sales models.