Sony BMG Exploring Digital Subscription Plan
March 25, 2008 at 5:41 AM (PT)
SONY BMG wants to launch a subscription plan to give clients unlimited access to its digital catalogue, CEO ROLF SCHMIDT-HOLTZ said. CNN MONEY reports that in an interview with the FRANKFURTER ALLGEMEINE ZEITUNG newspaper, SCHMIDT-HOLTZ said, "We are working on an online music subscription service."
"The simplest option would be a flat rate under which a monthly payment would provide access to our entire music catalogue for all digital players, including APPLE's iPOD," he added. It is even possible that clients could conserve some songs indefinitely, that they would own them even after the subscription expired.
Typical subscription fees could run from six to eight euros, he suggested.
The project could get off the ground this year, SCHMIDT-HOLTZ said, adding that his company was in talks with other major music distributors on the subject. Cooperation agreements with mobile telephone manufacturers is also possible, he added.