Monday, July 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Half The World Remains Offline, ITU Study Found
Verizon Closer To Yahoo Deal
Lite-On Expands Its SSD Storage Manufacturing
Samsung Sues Huawei
Facebook's Aquila Maiden Flight Is A Reality
ASML Makes Progress on EUV
Google Keeps The Lead Pack In Federal Lobbying Expenditures
NVIDIA Titan X Video Card Coming in August For $1200
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Apple, ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, May 02, 2006
Apple, Stick With 99 cents per iTunes Song


Apple has renewed contracts with the world's four largest music companies to sell songs through its iTunes Music Store, after blocking their attempts to end iTunes' flat-rate pricing scheme, Apple said on Tuesday.

Apple Chief Executive Steve Jobs argued that offering songs for a single price -- 99 cents in the United States, 79 pence in Britain -- was essential in weaning consumers off the illicit downloads that have ravaged the music industry.

"If they want to raise the prices, it means they are getting greedy," Jobs said in a press conference last year. "If the price goes up, they (consumers) will go back to piracy and everybody loses."

Of the world's biggest music companies -- Universal, Sony BMG, EMI and Warner Music -- all but Universal had pushed for variable pricing to maximize revenue from hot artists.

But in the end Apple had more negotiating power because of the dominance of its intertwined iPod player and iTunes service.

The iTunes Music Store has a market share of about 80 percent in the United States and also leads most European markets. Globally, digital music sales more than doubled to $1.1 billion in 2005, making up about 5 percent of industry revenues.


Previous
Next
TMPG Introduces MPEG Editor 2.0 Software        All News        Microsoft May Delay Vista Again -- Gartner
Microsoft Settles California Antitrust Claims     General Computing News      Microsoft May Delay Vista Again -- Gartner

Get RSS feed Easy Print E-Mail this Message

Related News
Smartwatch Shipments Fall Significantly In the Second Quarter
Samsung Galaxy Outsells Apple's iPhone
iOS 10 To Allow Consumers Donate Their Organs
Apple Sued in China Over Alleged Propaganda
Apple, Spotify In Music Streaming Duel
Apple in Talks to Buy Tidal: Report
Samsung To Become An Apple OLED supplier
Chinese Authorities Say iPhones Violated Rival's Patent
Apple Previews iOS 10, macOS Sierra Update, watchOS 3, New Siri Capabilities And tvOS
Apple To Announce Software Enhancements In Developers Conference
Apple App Store To Start Showing Ads
Apple Services Back Online After Outage

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .