Monday, October 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TDK Brings Wireless Charging To Electric Cars
Intel To Work With AT&T To Research Software Defined Networking
Intel Meegopad T01 Is A Bay Trail PC On HDMI Stick
Biostar Relases New iDEQ-T1 Compact Desktop
SK Telecom and Samsung Join Hands to Lead 5G Network Technology
Pantech Applied for Bankruptcy Protection In The US
Glonbalfoundries Buy IBM's Micorelectronics Business
Microsoft To Launch A Wearable Device Soon
Active Discussions
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
 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
Apple Introduces New iPad Air 2, iPad mini 3 And iMac with Retina 5K Display
New iPads Leaked Ahead Of Official Launch Event
New iPhones Arrive in 36 More Countries This Month
GT To Stop Production In Sapphire Plant, Accuses Apple Of 'Oppressive" Contract Terms
Apple and Google Each worth more than USD $100
Icahn Urges Apple To Start Buying Back More Stock
New iPads Coming October 16
Apple Sapphire Partner Files for Bankruptcy
Apple To Hold iPad Event This Month
Europe Says Ireland Helped Apple Pay Less Taxes
iPhone 6 And iPhone 6 Plus Available in China By October 17
Apple Patches Bash Vulnerability in OS X

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .