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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.

5 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"

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  3. 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.
  4. 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.

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  5. 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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