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CE-Oh no he didn't! Part XLVII: NBC Universal chief says Apple "destroyed" music pricing

Nilay Patel
October 29, 2007
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NBC Universal CEO Jeff Zucker clearly did not get enough raisins in his cereal this morning, because dude was not holding anything back during that speech he gave at Syracuse's Newhouse School of Communications -- in addition to saying NBC had made only $15M in iTunes video sales despite being the number one producer of content, he flat-out said that Apple and iTunes had "destroyed the music business" in terms of pricing and that video was next unless "we take control." Of course, seeing as consumers can access Universal's entire music catalog with various subscription services for under $10 a month ($36 a year, in the case of Yahoo Music) and entire NBC shows for free on the web, but still choose to buy songs and shows straight-up on iTunes anyway, it might be fair to say that NBC Universal is still figuring out how to monetize its content effectively, but really, where's the fun in that? Round 7, fight!

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