![]() The terms of use were confusing and digital rights management (DRM) locks on the files made moving them around difficult and frustrating. You needed to know what label a song or artist was on before. For $15 a month, fans could stream 500 songs each month, get 50 song downloads and the ability to burn each of those songs to CD 10 times. ![]() Oh, the labels tried to build their own download stores, but Pressplay (originally called Duet and owned by Universal and Sony) and Musicnet (all the other majors) were miserable failures. They had to get in on the business of selling music digitally, but how? The new frontier for music was online and the labels were completely ill-equipped to deal with the greatest shift in music distribution in a century. ![]() Music piracy, kicked into high gear by the original Napster the previous June, was a threat to the recorded music industry. When Steve Jobs made the rounds of major record labels in 2000, he knew he had them over a barrel. ![]()
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