Music industry to surrender to Apple --The Inquirer


By Nick Farrell: Friday 21 April 2006, 08:14

THE RECORD industry is apparently on the verge of surrendering to Jobs' Mob's demands that music prices be kept at .99 cents a single on iTunes.

Universal, Warner Music, SonyBMG and EMI North America are all in various stages of renegotiating their digital deals and had made lots of public statements that the flat rate charge was a non-starter. Some told the New York Post they may end up pulling their music from iTunes.

They wanted older songs to be charged at 60 cents and 80 cents with newer songs being priced as much harder.

Jobs called them all greedy and said he would hold his breath until he turned blue until they gave in.

Now according to the New York Post, they have:

http://www.nypost.com/business/64711.htm

Where does an 800 pound gorilla sleep? Anywhere he wants to.

The music industry created this monster. Now they are going to have to feed it/him.

LOL

A buck a song is too much for mp3. 60 - 80 cents is still too high for any music files, oldies or otherwise.

They should be paying users, for the exposure they get when people download their songs.

but there's still droves of people that buy 2 or 3 fallout boy cd's because they saw somebody on MTV do it.

I'll pay $0.29 per song for DRM free perfectly extracted, uncompressed .wav files (not even lossless compression, because I want to be able to use whatever compression I want, i.e. FLAC, or Wavepak) and when they completely stop all lawsuits and fire Mitch Bainwol and completely dismantle their lobbying force from Washington. Of course by that time though, the sun will be close to running out of hydrogen to continue its thermonuclear reaction to provide sunlight to the Earth. Oh wait, I'd have to be immortal also, forgot about that part.