Jimmy Iovine rails against 'freemium' price model, says most tech companies are 'culturally inept' At the Vanity Fair New Establishment Summit on Wednesday, Apple executive Jimmy Iovine said free-to-stream and so-called "freemium" pricing models are killing the music industry, saying tech companies that offer such services are profiting on the backs of artists.

If we are to believe SILICON VALLEY (HBO), most tech companies are concerned about their burn rate and next round of financing (read: survival). Likely no time to worry about anything else.

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