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Apple Sets Tune for Pricing of Song Downloads

Posted by ryuzaki0 on from the pink-lady-serenade dept.

PygmySurfer writes "Apple Computer on Monday revealed it had renewed contracts with the four largest record companies to sell songs through its iTunes digital store at 99 cents each. The agreements came after months of bargaining, and were a defeat for music companies that had been pushing for a variable pricing model."

1 of 396 comments (clear)

  1. Too expensive by steveg · · Score: 0, Troll

    $0.99 is far above my threshhold for a lossy, DRM-laden song. I realize that as long as Apple has to pay the record companies on the order of $0.70/song, the price will never become reasonable. Considering the low distribution cost to the record companies, they could sell these at half the cost and make a LOT more money -- on volume.

    But that's not gonna happen.

    --
    Ignorance killed the cat. Curiosity was framed.