He didn’t say, ‘I want to destroy the record business’.
“When Shawn Fanning started [music sharing site] Napster, he said, ‘I want to trade songs’,” Iovine says. “He didn’t say, ‘I want to destroy the record business’. So, right now, what engineers are saying – because I work with a lot of them – they’re saying, ‘This bit of communication between artist and audience is still flawed.”
Source: Apple Music’s Jimmy Iovine on what music streaming services can learn from Netflix | The Defiant Ones documentary – Radio Times