GO
Loading...

Enter multiple symbols separated by commas

Music Executives Dismiss Call to End Digital Rights Management: FT

Apple's CEO Steve Jobs called for the end of digital rights management (DRM) technology in an open letter published Tuesday. However, according to the Financial Times, music executives have dismissed his suggestion as disingenuous. They argue that inter-operability between devices would be improved if Apple were to license its own DRM to other companies rather than doing away with the protections altogether.

DRM is software designed to stop copyrighted music from being shared illicitly. Jobs says Apple would sell only DRM-free music on iTunes if it could.

Jobs published an open letter on Tuesday arguing that selling music online without such protections would make it easier for consumers to listen to music on different devices, boosting the overall market.

The Financial Times reports that said music executives also suggested that Jobs’s true motive was to defuse legal problems in Europe, where Apple is being asked to make iTunes compatible with other devices.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

  • Learning your value

    How to make sure you get what you¿re worth at your job, why you should stop apologizing, and how to manage work-life balance. Anchor Mika Brzeznski, author of the new book "Grow Your Value," shares her strategies for juggling busy lives.

  • Why women cheat?

    Is cheating bad? Why do women cheat? The founder and CEO of affair website Ashley Madison tells all, including why he has his eye on China.

  • Judge's gavel

    The Financial Industry Regulatory Authority disciplined several financial services firms and individuals in May 2015.

U.S. Video

  • Cramer: Here's a sign the market could rally

    Wall Street's been soaking in red, but "Mad Money" host Jim Cramer has one signal to watch for that could point to another run.

  • Burger war maneuvers

    Cramer looks at the number of company's selling burgers and tries to determine the quality names, as well as those to avoid.

  • Cramer: What's driving defense?

    Cramer says that even though President Obama has made it clear the US can no longer be the world's policeman, the country can become the world's arms dealer. Profiting from defense spending.