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August 28, 2005
Flatland vs. Rocky Mountains
By Jeff Leeds on the New York Times, a short report on an impending uphill battle, this time on the iTunes Music Store.
The story is rather simple: Steve Jobs wants to maintain the one-price model that iTunes has, since inception, adopted - 99 cents to download any song - two out of four major record companies want it replaced with a more complex structure that prices songs by popularity. A hot new single, for example, could sell for $1.49, while a golden oldie could go for substantially less than 99 cents.
Most of the sticky business above will surely find its way in the next six months, in the meantime find the whole article here.
Posted by lck at August 28, 2005 12:37 AM

