check out this story about Apple and Recording labels.  In brief, Itunes sells music for 99 cents.  The recording labels want to negotiate changes to the price of the songs on Itunes.

All of the major labels’ current deals with Apple for the iTMS are set to expire within the next two months and both sides have been in negotiations for months for new deals. The labels have hoped for variable pricing, where a new song would cost consumers more than an older track.

Read the rest of the story here.

This entry was posted on Thursday, April 27th, 2006 at 9:29 am and is filed under Music News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.