Morris, whose company saw its earnings drop 25 percent in the first half of 2007, believes he and fellow music executives ceded too much control to Apple CEO Steve Jobs when the iTunes Music Store launched in 2003. As Morris said during a recent meeting, BusinessWeek notes, “We got rolled like a bunch of puppies.” Morris and Universal’s parent company Vivendi believes the split — Apple takes 29 cents of the 99 cent sales price — is unfair and returns too much revenue to Apple. tomia.pl
Vivendi, a leader in media and telecommunications, music, interactive games, television, film, fixed and mobile telecommunications. www.vivendi.com/corp/en/home/index.php
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