"Ownership is waning. Everybody is comfortable with the cloud -- your documents, who knows where they are? They are there when you need them. That idea that I've got my records on the shelf doesn't feel as important even to me as it used to. I just think we haven't quite hit the right formula yet." TR
I'm not sure that I agree with this statement in any way shape or form. I think that there are plenty of people in places like Apple that are making decisions which leave little room for movement by people who might like to know exactly where their stuff is and might still like their property to tangible and easily accessible by themselves and passable onto others in the event of life changes.
He's trying to influence trends because of self-/Apple's interest. He thinks saying so will maybe make it so.
"Everybody..." is certainly BS!
One could argue that a certain demographic among younger consumers is comfortable with streaming, but by no means "everybody".
In fact, frequent privacy violations of "stuff in the cloud" will move users back to traditional methods of storage.
Personally, I'm moving away from iTunes Match, barely used iTunes Radio and decreasing my iTunes Music purchases, mainly because of how restrictive Apple applies the idea of a "purchase". I often "audition" albums downloaded from other places and upon liking one, I buy the CD on Amazon and rip it.
Benefit:
1) I actually OWN a physical copy that I can keep, sell, pass on, convert to any digital format and can listen to in a dedicated player.
2) Keep as a backup/archive while I casually listen to 256kb/s streams in my car or Lossless in my living room, while perusing the physical booklet.
3) No future mutation of Apple's TOCs will remove that ownership or ability to use/play anywhere.
That's worth the $2-$5 premium over the "download-only" price.
Even though DRM has been removed, you cannot resell or gift that "purchased" iTunes file to anyone because of the TOCs and the embedded metadata (yes, can removed with tools)
So in agreement, yes me too, I'd like to know where my stuff is and no amount of coaxing by industry heads will change that.