NBC's Zucker Snaps at Apple

Accuses iTunes of destroying music revenue

By Peter Fearon,  Newser Staff

Posted Oct 30, 2007 4:20 AM CDT

(Newser) – NBC chief Jeff Zucker has launched an extraordinary attack on Apple, accusing the digital download service iTunes of destroying revenue in the music industry, reports Apple Insider.com.  "Apple has destroyed the music business—in terms of pricing—and if we don’t take control, they’ll do the same thing on the video side," Zucker said at Syracuse's Newhouse School yesterday.

Discussing the network's feud with Apple over prices for video downloads, he revealed that NBC had demanded a share of hardware sales. "Apple sold millions of dollars worth of hardware off the back of our content. They did not want to share what they were making," he said.

Apple iTunes Gift Cards and Apple TV on display at Costco store in San Jose, Calif., Tuesday, Oct. 9, 2007. NBC Universal chief Jeff Zucker has accused iTunes of destroying pricing systems in the music industry. (AP Photo/Paul Sakuma)
Apple iTunes Gift Cards and Apple TV on display at Costco store in San Jose, Calif., Tuesday, Oct. 9, 2007. NBC Universal chief Jeff Zucker has accused iTunes of destroying pricing systems in the music...   (Associated Press)
A customer uses the just released Apple TV on display at the Apple store in Palo Alto, Calif., Monday, March 26, 2007. Apple TV is a set-top box that can wirelessly stream or download iTunes videos, podcasts and music from a computer to a television.    (AP Photo/Paul Sakuma)
A customer uses the just released Apple TV on display at the Apple store in Palo Alto, Calif., Monday, March 26, 2007. Apple TV is a set-top box that can wirelessly stream or download iTunes videos, podcasts...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment