It's interesting that the book publishing industry, on the iPad, has much more flexibility than the music industry had.

To turn $100 into $110 is work. To turn 100 million into $110 million is inevitable.

It's interesting that the book publishing industry, on the iPad, has much more flexibility than the music industry had.

As my other obligations are beginning to take an inordinate amount of time, I have asked to step down as WMG's board chairman, effective January 31, 2012. However, I will remain a director of the company and in that way, continue my association with Warner Music and its extraordinary people.

The iPod made music mobile, but today, how many devices do you need to walk around with? You want it on just one. And inevitably that's going to be the phone.

Frankly, right is right and wrong is wrong, particularly when a parent is talking to a child. A bright line around moral responsibility is very important.

Any time that you can give the consumer more of what they want, it's a good thing. I said from Day 1 that the unbundling of the album is a good thing.