iTunes great for Apple, but was it for music biz?
Oct 9, 2011
NEW YORK (AP) ― When Apple rolled out iTunes for the masses in the spring of 2003, the music industry was at a point of transition ― and chaos. Entering the new millennium, albums were enjoying blockbuster sales of several million units for its superstar artists, and profits were booming. Yet the threat of Napster and other forms of illegal downloading threatened to eviscerate those profits as m...