Apple is being the default transmitter, tower, cable system, record company, printing press and book store all wrapped into one. Apple doesn’t have to absorb the cost of producing the content. Since in a sense it owns the radios, “TVs”, “newspapers” and book stores, all Apple has to do is charge 30% to content providers for access to their market. Hey, 100 million credit cards on file at the iTunes store is very powerful.

Inside Music Media: If Content Is King, Mobile Devices Are Queen

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