Jobs: Record companies should loosen their grip
Apple CEO Steve Jobs offered a critical view of the recording industry in an interview, following Apple's acceptance of a technical Grammy award from the National Academy of Recording Arts and Sciences last week. As reported by Don Clark of The Wall Street Journal, Jobs suggested that recording labels need to make it easier for consumers to use their own music however they want.
"If you legally acquire music, you need to have the right to manage it on all other devices that you own," said Jobs.
Jobs also told the interviewer that Apple believes more than 80 percent of consumers are willing to pay for digital music, "But there is no one offering you a choice."
Recently Apple has drawn criticism from Walt Disney Co. president and CEO Michael Eisner. Eisner accused Apple of fostering piracy with its "Rip, Mix, Burn" ad campaign as he testified before a congressional committee last week.