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finance.yahoo.com - 1/14/2009

Changes to iTunes prices raise music labels' hopes

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Tunes: Changes to iTunes prices raise music labels' hopes

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iTunes Store music pricing changes raises record labels hopes for new ‘bundling’ strategy
MacDailyNews — ... "Recording companies noticed. While none would comment on the record for this story, privately they say that Amazon's inability to become the dominant force in song sales indicates that consumers aren't considered "price sensitive." In other words, people are willing to pay more," Nakashima reports. Nakashima reports, "Apple has an estimated 80 percent share of the digital download market and about 71 percent of all portable music players sold in the United States." Full article here . MacDailyNews Take: The only question is whether the music cartels will call this ...

Record companies hoping to come out ahead on new iTunes pricing
Macsimum News — ... Although Apple announced this month that some songs sold on the iTunes Store would be available for 69 cents instead of the 99-cent tag Apple had insisted on for years, the change won’t necessarily put more money into the pockets of music lovers, according to the Associated Press. In fact—and... ...

Report: OTA iTunes downloads the tradeoff for variable pricing
Infinite Loop — [image] Just how important to the music industry was variable pricing inside the iTunes Store? What made Steve finally give in after years of negotiations? According to the Associated Press , the key negotiating component was over-the-air downloads for the iPhone. The record companies held out on allowing users to download songs on the 3G and EDGE networks (instead of just WiFi) until Apple relented. (I can't help but hope that it wasn't the only concession made by record companies for Apple's agreement to switch to variable pricing I'd like to think that the loss of DRM was ...

Record companies happy with new iTunes pricing (duh)
The Unofficial Apple Weblog (TUAW) — ... announced at Macworld got groans from most of us watching (even though I'm pretty sure it's more or less agreed that it had to happen sooner or later), but the record companies are taking time to do a little bit of gloating over the fact that they've finally broken through Apple's 99 cent barrier. They told the AP that the move means that customers aren't "price sensitive" -- in other words, we're OK with paying more for music. ...