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OT: iTUNES reaches agreement with Labels [message #67701]

Thu, 04 May 2006 22:30

Aaron Allen

Messages: 1988
Registered: May 2008

Senior Member

http://www.arcamax.com/cgi-bin/news/story/1004/71609/320588
Apple and labels reach iTunes accord
CUPERTINO, Calif. (UPI) -- The largest seller of digital music in the United
States will not be raising its prices any time soon.

Apple Computer Monday announced it had renewed its contracts with the four
largest recording labels, which will keep the cost of a single download at
its iTunes Music Store at 99 cents apiece, MTV.com reported.

Universal, Warner Music, EMI and Sony BMG had been holding out for a
variable pricing method -- charging more for new songs and less for older
ones, MTV.com said.

About 80 percent of U.S. music downloaders get their songs from iTunes.
----------------------------

I'm glad Apple stood their ground with these guys. Otherwise we'd all be
getting jacked by the labels yet again. Chalk one up for Jobs.

AA

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		OT: iTUNES reaches agreement with Labels By: Aaron Allen on Thu, 04 May 2006 22:30
		Re: iTUNES reaches agreement with Labels By: Deej [1] on Fri, 05 May 2006 06:08

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