Media Firms to Unveil Joint Venture for Digital Devices →
Shira Ovide and Russell Adams on WSJ.com:
The message from many print-industry executives is that they don’t want to end up like the music industry, which they say lost control of the business amid the explosive growth of Apple’s iTunes and iPod music players.
Apple took a stubborn music industry by surprise and redefined music with the iPod. The movie and TV industry hedged their bets and the AppleTV has become a hobby. With print media completely preempting a new wave of devices, it will be hard for Apple to impose their vision.
