I'll agree with your latter point, he does seem a bit sensational in his claim that the device will be physically useless in less than 24 months. But I disagree

I'll agree with your latter point, he does seem a bit sensational in his claim that the device will be physically useless in less than 24 months. But I disagree with your first argument. You're correct that he omits that they have removed DRM from their music, but not their videos. And I think you can safely argue the point that if Apple had started out with iTunes without DRM that they never would have made it off the launchpad. He also specifically used the term "entertainment industry", which is still true. Apple still uses restrictive DRM on it's videos, as well as it's i(Phone|Pad|Pod Touch) products. The latter are definitely marketed as "entertainment devices".