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iTMS Named Fortune's Product Of The Year

Demolition writes "To go along with Time Magazine calling the iTunes Music Store the Invention Of The Year, Fortune Magazine has come along and proclaimed iTunes Music Store as the Product Of The Year. As it says in the article, 'With the success of its iTunes Music Store, Apple is almost single-handedly dragging the music industry, kicking and screaming, toward a better future.'" Also, Fortune named the G5 one of the 25 Best Products of the Year for Design.

11 of 356 comments (clear)

  1. Re:What's next by Anonymous Coward · · Score: 5, Informative

    You'll like this page =)

  2. Re:Open Source Music by penguinoid · · Score: 5, Informative

    Its called "creative commons" and its licenced under the "creative commons licence"

    --
    Don't waste your vote! Vote for whoever you want, unless you live in a swing state it won't matter anyways
  3. Re:invention? by billbaird · · Score: 2, Informative

    No, Napster had the "let's break the current business model by producing a system that makes copyright infringement easy and natural to everyone with a computer."

    penguinoid was refering to the new napster which happens to be very similar to iTMS, yet windows only

  4. Re:Yeah... by Anonymous Coward · · Score: 1, Informative

    Alas, that'll never happen as small indie labels are not represented on iTunes.

  5. Re:Not all songs can be purchased individually by Meowing · · Score: 4, Informative
    It's a little more complicated than that.
    • iTMS do require that at least some songs be available individually, with the exception that tracks longer than 7 minutes can only be sold as part of an album. This is Apple's rule, you'd have to ask them why.
    • Album prices are set by the label, with a maximum of USD0.99 * number of tracks.
  6. Re:Well it's the marketing scheme of the year by MORTAR_COMBAT! · · Score: 4, Informative

    What's more Apple gives all of this money they collect to the music industry who themselves have to do virtually nothing for it but trade a bit of paper.

    Apple gives the same deal to independent labels. CDBaby records are generally available at iTunes, and the artists are getting a pretty good deal with them.

    --
    MORTAR COMBAT!
  7. Re:Well it's the marketing scheme of the year by dema · · Score: 2, Informative

    What's more Apple gives all of this money they collect to the music industry

    News flash: When you buy at the mall, the arist gets just as much, if not less of a percentage. At least Apple tells you the business model and where money guys, I'd like to see the RIAA make that information easily accessible.

    Apple is doing it's best to try to wake the RIAA up to the new age, and some back scracthing will have to take place before any proress is made.

    If you want a better deal, buy indie. Goto a show and hand your hard earned dollars directly to the hard working artitsts doing what they love. Cut out the middle man.

  8. Re:G5 Design - noise? practicality? by BasilBrush · · Score: 2, Informative

    Because the ducts in combination with the fans create streams of cool air running past the hot components. When you remove the side wall, you break open the ducts, and the streams disappear. All, you have left is convection to cool the components. That's less efficient, so the temperature rises and the fans speed up in an attempt to counteract it.

  9. Re:Not all songs can be purchased individually by cappadocius · · Score: 4, Informative
    • iTMS do require that at least some songs be available individually, with the exception that tracks longer than 7 minutes can only be sold as part of an album.
    • Album prices are set by the label, with a maximum of USD0.99 * number of tracks.

    The second rule at least can be broken by major label artists. For instance, Talk Talk's great experimental album "Spirit of Eden" is 6 tracks long and costs $13.99. You can't buy track one, except as part of the album, so that's how they get you to pay more than 99 cents per song. While that album-only song IS longer than 7 minutes, I am not sure all of them are.

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    omnia tua castra sunt nobis

  10. Re:iTMS vs Napster by el+cisne · · Score: 2, Informative

    Don't know if this was a serious comment or not, but Napster won't do Win98 either. (don't know about the others). Check the system requirements at their site. Napster does look like they offer some features that iTMS doesn't do that I think are worthwhile, but then not only do they not do Win98, but they ONLY do Win2k/XP, no Mac. iTMS at least will do these as well as Mac.

  11. Not 80 cents by 33degrees · · Score: 2, Informative

    I'm having trouble finding exact figures right now, but I do know that the label gets 65 cents on the dollar, with about 12 cents of that going to the artist and another 8 cents going to the publisher. That means the label gets about 40 cents, although I'm sure there's a lot of stuff getting deducted from the artists share.