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Labels seek end to 99c music per song download, Greedy b*stards!!!

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Bearsland

Apr 10 2004, 02:19 AM

Post #1

Grumpy Old Man

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Posts: 494
Joined: 17-March 04
From: London. UK
Member No.: 4

I don't believe these guys!! Talk about shooting yourself in the foot!!!!

QUOTE

Remember how online music stores were going to route around the music industry? The pigopolists have barely got their feet under the table and already demanding more. The Wall Street Journal reports that the major five labels think that 99 cents per song is too cheap, and are discussing a price hike that would increase the tariff to $1.25 up to $2.99 per song.

The current tariff is too much for most people, as saggy sales indicate. "99 cents a song is a pricing model designed to protect CD sales, and not one designed to move people into a new digital music marketplace," senior staff attorney at the Electronic Frontier Foundation Fred Lohmann told us recently. "If an iPod has room for 4,000, does Apple think people are getting to spend $4,000 filling it with music?"

Read the full story

Source: The Register

Posts in this topic

Bearsland Labels seek end to 99c music per song download Apr 10 2004, 02:19 AM

DutchKid With these guys...there's no feet left...they ... Apr 10 2004, 02:21 AM

spidermanx Its not too hard to belive.. it is a rather stupi... Apr 10 2004, 02:53 AM

PimpScourge I actually think 99c is expensive, since they are ... Apr 10 2004, 03:21 AM

Songi I'm not surprised at all. People are greedy. w... Apr 10 2004, 09:57 AM

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