Record labels press Apple for higher prices.
GHoosdum
Icrontian
In a spectacularly unsurprising turn of events, record companies are pressing Apple to allow prices to rise above $0.99 per song when their contract expires next spring.
Source: ReutersApple's Jobs blasted the record industry for mulling higher prices. "If they want to raise the prices, it means that they are getting greedy," he said at a press conference, adding that if the price goes up, the industry faces a higher risk of piracy.
Hit hard over the past five years by the rapid spread of illegal song copying over the Internet, record companies -- Universal Music Group, Sony BMG, EMI Group Plc (EMI.L: Quote, Profile, Research) and Warner Music -- have struggled to revamp their business as sales shift to more legal digital downloads from physical CDs.
The music industry was also aided by key legal victories against so-called peer-to-peer services, which allowed users to use the Internet to download music from one another's computers without permission from artists and labels.
Apple, for its part, played a huge role in setting that transition in motion with its iTunes service, by far the most popular legal Internet music service with about 70 percent share of digital downloads. iPods have a similar share in the digital music player market.
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Comments
Not that stealing is justified, but a lot less people would do it if the music was affordable. Rasing the price will just make the problem worse...
Now, if only the video game industry would learn the same lesson... If video games were $30 instead of fifty when they came out, I would buy a lot more video games...
Erm... all the music on there is in MP3 format... which... as we already know is lossy, not lossless. They do offer an alternate encoding thing on there for a few files, but they charge it by the MB and they are also still only lossy formats (AAC, WMA, etc). I noticed they have a lossless thing mentioned on there, but none of the files have it as an option... which makes it kinda useless, heh.
i don't see how a different format would merit a lesser price...
It wouldn't, it was just a two part question.
I know how that site works, but as I said, I was searching through their tracks and none of the stuff I wanted had OEEX next to it so it doesn't really fit the criteria.
But there's a lot of "fake" files on there now, so it can be annoying. :shakehead
Enverex: I'm of the camp that feels APS/X is almost indistinguishable from FLAC. I, personally, can't stand FLAC, unless it's a live concert and I don't want any quality further diminished.
As for the labels, this doesn't surprise me. Just a couple weeks ago, after suing hundreds and hundreds of people, they turn around and go, "Oops, sorry guys. It wasn't filesharing afterall, it was straight CD-to-CD copying that's killing us. Just kidding about all those lawsuits, but thanks for the cash!" These asswipes need to be stopped.
See Tim, that would be illegal and I don't do illegal things because that would be naughty. I was refering to legal methods.