... let me discuss a couple of issues that have been in the news recently, interoperability and digital rights management, or DRM. Let me be clear. We advocate the continued use of DRM in the protection of our and of our artists' intellectual property.
The notion that music does not deserve the same protections as software, television, films, video games, or other intellectual property simply because there is an unprotected legacy product available in the physical world, is completely without logic or merit.
But let's not lose sight of the core issue. By far the larger issue for consumers in the music industry is interoperability. As a content company, we, of course, want consumers to seamlessly access our music and to use the music they have purchased on any platform and with any service, physical or digital.
The issue is obscured by asserting that DRM and interoperability is the same thing. They are not. To suggest that they cannot coexist is simply incorrect.
Warner Music's (NYSE:WMG) Edgar Bronfman had some strong words for Apple (NASDAQ:AAPL) CEO Steve Jobs during an earnings conference call Thursday: