Apple iTunes pricing to remain 99 cents

Posted on Sunday, April 23 2006 @ 13:20 CEST by Thomas De Maesschalck
According to NY Post the pricing of iTunes songs will likely remain 99 cents:
The record industry may be on the verge of waving the white flag in front of Apple boss Steve Jobs, and abandoning its demand for iTunes to charge different prices for different songs, The Post has learned. Negotiations between Apple and the four major music companies - with which iTunes deals all expire in the next two months - have reached a crucial point as several record executives now say they are unlikely to convince Jobs to allow variable pricing, sources said.
More info over at NY Post.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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Re: Apple iTunes pricing to remain 99 cents
by Anonymous on Monday, April 24 2006 @ 5:31 CEST
As long as people keep buying they can charge whatever the market will bear. If I can still get cd's for less than that, and I can, then I'll never take the penalties of online music, combined with a higher price over cd's from the store.

Sooner or later they'll have to bring down the price to open the market to more than just overspending youth and enthusiasts. That time just isn't now :)