Doug Morris isn’t interested in dancing to Steve Jobs’ tune.

Morris, the head of Universal Music Group, may have told Jobs to take his two year licensing agreement and stuff it somewhere the iPhone can’t get a clear signal:

In recent days, the music major is understood to have declined to sign a two-year pact, according to the source, but will enter into month-to-month deals carrying the same terms.

“UMG wants greater flexibility,” says the source. “If someone comes along with a new service or device and wants an exclusive at launch for three months for 10% of UMG’s top line product, UMG couldn’t do that if they signed [a two-year] Apple deal.”

Rather than the two-year lockup, UMG wants a month by month contract with Apple’s digital music store.

Via Billboard

Posted in Rumors |