Apple to End iTunes Music Store Uniform Pricing Model?
MarketWatch reports on a Wall Street Journal article saying that Alain Levy, CEO of EMI Music, expects Apple to end the one-price-fits-all pricing in the iTunes Music Store within a year, increasing prices for popular songs and cutting prices for music by unknown artists. Levy reportedly discussed the issue with Steve Jobs, although the details of those discussions were not given and it was not claimed that Jobs made specific statements about iTMS pricing himself.
From a Levy press conference:
From a Levy press conference:
There is a common understanding that we will have to come to a variable pricing structure. The issue is when. There is a case for superstars to have a higher price.
Top Rated Comments
(View all)82 months ago
Bollocks.
Pure, unadulterated greed.:mad:
there is a case for superstars to have a higher price.
Pure, unadulterated greed.:mad:
82 months ago
Back to Limewire I guess :rolleyes:
Too bad, I only spent $182 on music, now its going to be $0
Too bad, I only spent $182 on music, now its going to be $0
82 months ago
I don't know if there is a case for superstars to have a higher price. Superstars should sell more product and thus make more money but Lyle Lovett's latest CD will cost as much as Usher's (I don't know who is popular today) down at BestBuy
82 months ago
Good reason to find even more great unknown 'uncommercial' tunes and boycot manufactured crap!!! What's the bets illegal downloads will be up?
82 months ago
This would like a price increase for me, as I normally buy new songs. Don't know if I'll still buy as many songs as now then.
82 months ago
The music industry is pathetic.
Looks like I will just wait and buy "the popular" music from the "biggest artists" after it is no longer popular and drops in price.
And you wonder why limewire and P2P is so popular.
My vote is for Apple to create it's own recording studio (under the iTunes Originals section) and pay the artists more and woo all the artists away from the money grubbing studios.
Looks like I will just wait and buy "the popular" music from the "biggest artists" after it is no longer popular and drops in price.
And you wonder why limewire and P2P is so popular.
My vote is for Apple to create it's own recording studio (under the iTunes Originals section) and pay the artists more and woo all the artists away from the money grubbing studios.
82 months ago
Sigh.
Hope people keep posting (and posting more) about really good "unknown" artists that didn't have their hand in this and are going to make less (per song, hopefully more overall).
Hope people keep posting (and posting more) about really good "unknown" artists that didn't have their hand in this and are going to make less (per song, hopefully more overall).
82 months ago
I don't have that much of a problem with variable pricing in theory. It's still better to pay $1.50-$2.00 for a single song I like than to buy the whole CD for $15-$18. I do feel like they need to offer a decent discount for buying the whole album on iTunes, though, and I think they really need to get on board in offering higher quality downloads (192 Kbps with free updates for previously-purchased songs).
However, I have a bad feeling that the price hikes are going to far outweigh these supposed price cuts, hence raising the average price for songs substantially. This is just a way for them to disguise it.
However, I have a bad feeling that the price hikes are going to far outweigh these supposed price cuts, hence raising the average price for songs substantially. This is just a way for them to disguise it.
82 months ago
I don't understand this reasoning. If a popular artist sells one million songs at one dollar, they make one million dollars. If a less popular artists sells one thousand songs at one dollar, they make one dollar (yes, I know not all of that dollar goes to the artist, but I'm generalizing).
How is this not fair? The popular artist will still make more money! This is just pure greed on the part of the record industry.
How is this not fair? The popular artist will still make more money! This is just pure greed on the part of the record industry.
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