My Personal Bitter Laugh Of The Day

Nokia decks execs as it counts cost of free music

Nokia faces a crippling financial bill for its strategy of bundling free music with handsets, which will give users unlimited song downloads with Nokia phones.

The world’s biggest label, Universal Music, joined the “Comes With Music” initiative at launch last December, and Sony BMG joined last week. The Register has learned that Nokia must pay the wholesale per-unit rate for downloads over a certain ceiling – believed to be 35 songs per user.

Two key executives have paid the price, The Register understands. Ed Averdieck, formerly Managing Director of Nokia Music (and former MD of OD2, which Nokia acquired in 2006) left the company earlier this year. The other joint head of Nokia Music at the time CwM was announced, former shooting star Tommi Mustonen, former head of Nokia Multimedia, has been given a “punishment that fits the crime”, insiders say: he has to negotiate the label deals personally.

“It will cost Nokia a fortune – it’s a reckless business move,” an insider and supporter of the concept told us.

Emphasis added by me.

Hey, all you people with those phones — load them up! Download everything! Every single one! Download them more than once! Download download download!

Die you bastard Finnish cancer die!

Explore posts in the same categories: Music, Tech - Other

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