"The subscription model has failed so far," Steve Jobs said in April 2007. "People want to own their music." At that time, Apple had solved the problem of making money in digital music with particular creativity: don't make money from music. With iTunes and the iPod, Apple sold music more or less at cost, selling the idea and lifestyle of music to sell high-margin hardware and draw customers into its ecosystem. "Never say never, but customers don't seem to be interested in it," Jobs said. If people wanted to rent or stream their music, Jobs' answer implies, Apple would help them do that if that experience continued to sell Apple's hardware. With the iPhone and its App Store, Apple would ultimately do just that.
via The Verge - All Posts http://www.theverge.com/2013/3/11/4080130/can-anyone-turn-streaming-music-into-a-real-business http://www.theverge.com/