Record industry pushes Apple to raise iTunes prices
Record labels make about 70 cents per download, and that’s more profit than they make selling CDs, according to Apple CEO Steve Jobs. “If they want to raise the prices, it just means they’re getting a little greedy,” Jobs said at the Apple Expo in Paris in September.
The recording industry wants a bigger slice of the digital download pie. Some labels are pushing Apple to change the 99 US cents pricing model it pioneered when it launched iTunes three years ago. Link
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