Friday, March 27, 2009

Rumor – iTunes Premium Tracks To Go For $1.29 Starting April 7th

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By Chris Scott Barr

It’s hard to disagree with anyone that says iTunes forever changed the way we buy music. Their simple $.99 per song pricing made it cheaper than ever to buy just the songs you like. It didn’t matter if the song was brand new or three decades old, $.99 was the price. Unfortunately starting next month that will no longer be the case. If you’re looking for a current chart-topper, expect to pay a premium.

According to sources, Apple has begun telling record labels that on April 7 they will introduce the new $1.29 premium price for popular tracks. This has been discussed off and on for some time, but this is the first we’ve heard of a date for the new pricing.

I won’t pretend to know all of the inner-workings of the record industry, but I’m pretty sure their business model is to bend potential customers over a table and attempt to extract cash rectally. I mean, it’s not like we’re going through a recession or anything. Oh well, looks like we’re just going to have to listen to music the old-fashioned way. Speaking of which, I believe we can look forward to a ruling on the big RIAA vs ThePirateBay case just 10 days after this new pricing scheme goes public.

VIA [ GearFuse ]




  • waldo
    torrents, rapidshare or even grooveshark
    I will never NEVER pay for an mp3... even when I'm an apple boy the concept of apple inc its changing for bad...
  • Chris
    Are Apple trying to encourage customers to download torrents? It's bad enough that the UK site seems to ignore currency conversion rates ... when it was $1.90 to the £ they were charging $0.99 and £0.79 per track.

    Doesn't seem a good idea when Amazon have started selling music tracks for less.
  • Pay-Per-Performance past on to the customer based on demand this very interesting model I can see how it works with video game systems or trendy toys basic supply and demand (cabbage patch, tickle me elmo, Wii Fit, Beenie Babies, etc) when a rare toy like Bakugans comes out with new toy the demand might be greater then the supply so the price might go from $4.95 to $20.00 at none major retailers to take advantage of the lack of supply. Considering a downloadable music track has a unlimited supply that makes this a very interesting marketing play to watch.
  • Chad
    I'll stick with amazon's mp3 deal of the day, $1 or $2 for a complete album - can't beat that. I use the following for tracking the deal:

    http://www.frugalgadgets.com/amazon-mp3-daily-d...
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