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Music’s a part of everyone’s life. Everyone. Music’s been around forever.
It will always be around. This is not a speculative market.
And because it’s a part of everyone’s life, it’s a very large target market all around the world.
It knows no boundaries.
Steve Jobs
Announcing the iPod, 2001

Music’s a part of everyone’s life. Everyone.

Music’s been around forever. It will always be around. This is not a speculative market. And because it’s a part of everyone’s life, it’s a very large target market all around the world. It knows no boundaries.

Steve Jobs

Announcing the iPod, 2001

One less thing.

Twenty years ago, this year, the iTunes Store was launched. It provided us all with 200,000 of the world's favorite tracks, for only $0.99 a song. Apple sold 1 Million tracks in their first week (and 100M a year later). But, the tech wasn't really there yet. While it was amazing that we could merely think of a song and then buy it, we lost something in the process. Unlike our physical goods (albums, 8-tracks, cassettes and CDs) — which allowed us to resell them at secondary marketplaces like ebay, swap meets and more — it was (and is) illegal to resell or even give away our iTunes music. Apple had made it legal to download our music. But, we only bought a license to play. Now, with streaming, we have zero ownership. If you don't pay, you don't play.

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