Morris Eyes 'Zune-Like' Deal With Apple
November 29, 2006 at 6:16 AM (PT)
When UNIVERSAL MUSIC GROUP announced its landmark revenue-sharing deal with MICROSOFT's ZUNE earlier this month, UMG chief DOUG MORRIS called it a "win-win situation" for the label and the software giant.
MORRIS will now try to convince STEVE JOBS to fork over a percentage of iPOD sales. In a session at the REUTERS MEDIA SUMMIT in NEW YORK CITY, MORRIS reportedly said that he hoped to convince APPLE to agree to share a percentage of its revenue from iPOD sales when the time comes to renegotiate its deal for the right to sell UMG songs on ITUNES. The ZUNE revenue-sharing deal with UNIVERSAL was the first of its kind.
"It would be a nice idea," MORRIS said of a potential revenue-sharing deal with APPLE, according to REUTERS. "We have a negotiation coming up not too far. I don't see why we wouldn't do that... but maybe not in the same way."