Apple, labels stick with 99 cents per
iTunes song
By Tom Krazit
Staff Writer, CNET News.com
Published: May 1, 2006, 5:54 PM PDT
Apple Computer and four major record labels have renewed
their deals to sell songs on iTunes for 99 cents, an Apple
representative said Monday.
"We've renewed our
agreements with the major music companies and we're pleased
to continue offering iTunes customers music at 99 cents per
song from a library of over 3 million songs," the
representative said in a statement. Earlier on Monday, the
Financial Times reported that the four major
labels--Universal, Warner Music Group, EMI and Sony BMG--had
agreed to the deal, which the Apple representative
confirmed..
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