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Apple Sets Price for Song Downloads
Posted by: jmet, 15:14, May 3, 2006 |
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Viewed: 1427 Times |
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The agreements came after months of bargaining, and were a defeat for music companies that had been pushing for a variable pricing model.
The music industry’s big four - Universal, Warner Music, EMI and Sony BMG – were not immediately available to comment.
Since iTunes’ launch three years ago, Apple has charged US consumers 99 cents for each track – a uniform price that Steve Jobs, its chief executive, favours because of its simplicity for consumers. More...
Credit: FT.com
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