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BW: Apple unlikely to enter music subscription market

A report on BusinessWeek by Heather Green and Peter Burrows quotes two music executives as saying that it will be some time before the company enters the online music subscription market, if ever. “Two music executives tell BusinessWeek Online that earlier this summer, soon after Yahoo’s announcement of its Music Unlimited subscription service, Apple sounded them out about potential financial terms of a subscription service. One of the label executives said Apple was concerned about what e-tailer Amazon.com or Google might do in this area. But, says the source, Apple seemed unlikely to make a move until a rival began forging inroads into its music empire.”

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