Qualms with music
Nokia’s new handsets are sure to appear under many Christmas trees this year. The offer of unlim-ited downloads will appeal to teenagers; and parents will not have to worry about their children getting caught downloading music illegally, or spending a fortune at online music-stores. But CWM and similar subscription services are also being touted as a potentially life-saving gift to the ailing music industry.
That is because they cleverly reconcile the demands of teenagers, who think music should be free, with those of record companies, which want to make money.
The world’s biggest handset-maker has pulled this off by acting as a go-between: it licenses music from the four major labels and some independent record firms at a discount, tags some of the cost onto the device’s purchasing price and absorbs the rest itself. Such a deal is made possible by a convergence of interests. Sales of digital music are growing, but not fast enough to offset falling
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