Apple Shifts iTunes Pricing; $0.69 Tracks MIA
Hodejo1 writes "Steve Jobs vowed weeks ago that when iTunes shifted to a tiered price structure in April, older tracks priced at $0.69 would outnumber the contemporary hits that are rising to $1.29. Today, several weeks later, iTunes made the transition. While the $1.29 tracks are immediately visible, locating cheaper tracks is proving to be an exercise in futility. With the exception of 48 songs that Apple has placed on the iTunes main page, $0.69 downloads are a scarce commodity. MP3 Newswire tried to methodically drill down to unearth more of them only to find: 1) A download like Heart's 34-year-old song Barracuda went up to $1.29, not down. 2) Obscure '90s Brit pop and '50s rockabilly artists — those most likely to benefit from a price drop — remained at $0.99. 3) Collected tracks from a cross-section of 1920s, '30s, and '40s artists all remained at $0.99. Finally, MP3 Newswire called up tracks in the public domain from an artist named Ada Jones who first recorded in 1893 on Edison cylinder technology. The price on all of the century-old, public-domain tracks remained at $0.99. (The same tracks are available for free on archive.org.) The scarcity of lower-priced tracks may reflect the fact that the labels themselves decide which price tier they want to pursue for a given artist; and they are mostly ignoring the lower tier. Meanwhile, Amazon's UK site has decided to counter-promote their service by dropping prices on select tracks to 29 pence ($0.42)."
Does it surprise anybody that the labels would not drop prices when not forced to? There is no competition between different labels to sell the same product (song) so why would they drop the price on a desired product (song) ?
Cemil.
The funny thing behind the "lowered" prices is that various albums used to be offered for $10 with no hullaballoo at all. I bought Throwing Copper (a 90's alt-rock masterpiece) in 2005 for $6, and I bought Blues Travelers' Four just last year for $6.41, both from ITMS. The price of each of those albums now: $10. Admittedly, I didn't get DRM-free versions for the lower prices, but it still seems fishy.
Makes one wonder how many albums like this have actually seen stealth price increases.
It will be very interesting to see what happens to sales on this.
There is a price where profit is maximized. Go too high and the sales drop eats more then the added profit per unit provides.
Old saying: "Fast nickels are better than slow dimes." Let's see if Apple has switched from the former to the latter.
Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
There's a clear reason it is priced higher: It was in Guitar Hero II. Both my sons and all their friends know Barracuda, and not because of their love for classic rock.
"The amount being paid to the music industry, even though [these] games are entirely dependent on the content we own and control, is far too small," Warner Music Group CEO Edgar Bronfman told analysts last summer.
Guitar Hero drives much more sales than your ad agencies and your lawsuits, assholes. The funny thing is that the recording industry are beginning to attack their own kin, MTV Games!
emusic.com is another viable alternative to Itunes.
-No DRM
-MP3 Format
-Large Selection(Though it is true they tend to have better alternative selections and fewer name-brands)
->$1 per track. (I pay $0.21 per)
There is life in music beyond what is shoveled through the pop radio and TV ads.