Nokia about to get its clock cleaned on Comes with Music?

The latest round of rumors regarding the goings-on behind the scenes of Nokia's lofty Comes with Music paint a bleak picture for profitability -- but even scarier, they suggest that the company could be simply blown out if the initiative takes off. The problem stems from the claim that Nokia's deals with labels represent a huge gamble: that buyers of Comes with Music-compatible phones won't download more than a certain number of songs, believed to be 35. Above that, Espoo's no longer covered by a flat fee and pays the wholesale per-song rate for its customers' indiscretions. Clearly, either the rumor's wrong or Nokia seems to be betting against its own success here -- but the recent departure of a key exec involved with Comes with Music lends some credence to the latter. Maybe we don't speak for everyone here, but if we're paying a premium on our phone to earn a full year of all-you-can-eat tracks, you'd best believe we're taking full advantage.

[Via mocoNews]

[(Unverified) Posted May 7th 2008 4:51AM]

Nokia has denied all this:

http://www.reuters.com/article/companyNews/idUSNOOTR20080430

[ran Posted May 7th 2008 4:22PM]

I'm sure in the find print they will have this little thing that limits the user to a number of songs.

[(Unverified) Posted May 7th 2008 8:59PM]

nokia will make money and actually has the power to single handedly grow the music industry. read jannes link to see figures.

[(Unverified) Posted May 8th 2008 12:16AM]

While Nokia fumbles around Apple increases its music market share.