Neil Young explains his push for the music and tech industries to develop a new lossless audio format and a new type of iPod-like device to play it. He also addresses the lack of danger from piracy and talks about the late Steve Jobs. Quotes and full embedded video.

There is no doubt that the move from vinyl to CD and now MP3 has compressed and degraded the quality of music we listen to on a daily basis. Neil Young is hoping to change this. In an interview at the D: Dive Into Media conference yesterday, Young was quite vocal and realistic about where the music industry is and where he’d like it to go. The singer/songwriter claims that MP3s only offer about 5 percent of the true sound bands and artists like him make when recording in the studio. CDs aren’t much better either, as he claims they only reproduce about 15 percent of the true sound of a record.

Read the rest at Digital Trends!

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