News keeps trickling in about Apple’s upcoming iCloud music service, with the latest report coming via the New York Post which relays that Apple paid the four music labels upwards of $150 million in order to get them on board with its planned streaming service. Earlier this week, Apple finally got Universal to sign on [...]
Continue reading...Tuesday, May 31, 2011
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Apple earlier today issued a press release announcing that CEO Steve Jobs will deliver this year’s WWDC keynote where he will not only unveil OS X Lion and iOS 5, but will also showcase Apple’s upcoming cloud-based initiative dubbed iCloud. There have been a bevy of rumors as of late circling around Apple’s efforts to [...]
Continue reading...Tuesday, May 24, 2011
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By Luis Estrada: Apple is inching closer and closer to securing a licensing deal with the four major record labels that would enable Apple to announce its rumored cloud music service in two weeks when WWDC kicks off on June 6. The latest is that Apple has already secured deals with EMI Music, Warner Music, [...]
Continue reading...Tuesday, March 9, 2010
According to a recent report from iPodNN, Apple’s iTunes LP initiative was not an in-house idea, but was instead done at the behest of record labels seeking to increase album sales. The creation of iTunes LP was largely the result of major label pressure on Apple, a series of telling leaks has revealed. Music industry contacts claim that [...]
Continue reading...Monday, July 27, 2009
In an effort to boost high margin digital music sales, and perhaps convince the few remaining hipsters¹ out there to migrate over to iTunes, Apple is working with the big 4 record companies to establish downloadable and interactive booklets that would be bundled with full album purchases on iTunes. According to a report in the [...]
Continue reading...Tuesday, July 14, 2009
In the latest sign that Apple is becoming more comfortable with variable pricing on iTunes, the Cupertino-based company today unveiled a new pricing scheme that should satiate the music appetite of music lovers. In honor of the 60th anniversary of the 45 single record (which offered 2 songs at a low price), Apple and the [...]
Continue reading...Monday, June 22, 2009
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At Macworld 2009, Phil Schiller announced that Apple would for the first time allow record labels to begin implementing variable pricing on the iTunes Music Store. Instead of a blanket 99 cent price point, record labels would now have the option to charge $1.29 for more popular songs and $0.69 for less popular tracks. Variable [...]
Continue reading...Tuesday, April 21, 2009
Sometime last week, a few reports emerged detailing how quite a few number of songs whose price was increased from 99¢ to $1.29 experienced a sales decline. From the vantage point of the record labels, this is hardly a reason for concern as they can sell a significantly lower number of songs and actually end [...]
Continue reading...Tuesday, April 7, 2009
As expected, some songs in the iTunes store are now selling for $1.29, marking the first time since iTunes was first launched that songs have been priced over 99 cents. As of now, 10 out of the top 20 songs on iTunes are currently selling for $1.29 a pop.
Continue reading...Monday, March 9, 2009
Cleanin’ out my docket. Wow, a new level of nerdity. Eminem’s production company, FBT Productions, recently lost their legal case against Universal Records where they alleged that artists should be entitled to higher royalty rates on sales made via iTunes. The demand for higher royalties wasn’t limited to music, and was actually made to encompass [...]
Continue reading...Saturday, February 14, 2009
Check out this video from 2003 of Steve Jobs introducing the iTunes Music Store. Jobs is at his best, and does a masterful job of really selling the idea of the iTunes Store. In regards to quality of presentation, it’s clearly one of Jobs’ best performances, rivaling the announcement of the iPhone in 2007.
Continue reading...Sunday, February 1, 2009
We recently posted a link to a great interview Steve Jobs did with Playboy in 1985. In keeping with the trend, we thought we’d post a link to an interview Steve Jobs did with Rolling Stone in 2003, right as the iPod was starting to become a pop culture icon. As usual, the interview is [...]
Continue reading...Tuesday, January 6, 2009
CNET is reporting that Apple has struck a deal with Sony, Warner, and Universal to add DRM-free tracks from their catalogues to iTunes. Currently, EMI is the only major record label that offers DRM free songs on the iTunes Store – those songs cost $1.29 and are available via iTunes Plus. According to the report, [...]
Continue reading...Tuesday, December 16, 2008
Despite performing better than expected, Amazon’s music service failed to put a dent into the behemoth that is iTunes. Amazon, which offers users drm-free mp3′s, garnered somewhere around 8% of the market share in online music sales. iTunes, meanwhile, maintained its position in the number one spot with well over 70% in market share. The [...]
Continue reading...Monday, December 8, 2008
Holy Schnikes Batman! Could it be true? Is iTunes finally going DRM free? Well, according to a report from AppleInsider, the answer is “probably yes”. A report from last week brought to AppleInsider‘s attention by French technology site ElectronLibre asserts that it’s now “clear” Apple will spark new interest in its music store by removing [...]
Continue reading...Thursday, September 25, 2008
Today MySpace is launching a new online music service that it hopes can chip away at iTunes’ dominance in the music retail market. The new initiative from MySpace has the backing of all four of the major music labels. MySpace users, which number over 120 million worldwide, have previously been able to go to the [...]
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Friday, June 3, 2011
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