So it's hardly a shock that AOL Time Warner would want to unload its music division. Music is in transition, ... AOL doesn't want to focus on a business in transition.
More Quotes from Phil Leigh:
We're spending more time on our computers. Even though television viewing is up, there is still a percentage that they're losing. If they put programs on the Internet, they can capture more of the audience. That's one of the key factors driving the networks.Phil Leigh
The music services have been anxious to expand to Europe. It's been the labels dragging their feet. The cloud cover is that there are a lot of different licensing authorities and things are fragmented over there. But when it gets to be important, the labels can get people in line.
Phil Leigh
The labels are pushing the subscription services approach.
Phil Leigh
It's getting more competitive. They've entered the stage where incremental market share is going to be harder to get and they're going to just have to focus on running the best business they can.
Phil Leigh
Beyond a shadow of a doubt, the future of search is in audio and video. Searching through text on the internet has really reached a maturity point,
Phil Leigh
There's nothing that makes more sense than selling digital content. It completely removes the inventory problem. It completely removes physical handling of goods. That's really the holy grail for online retailers.
Phil Leigh
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