Blog: Hypebot

Following months of lobbying by the major labels, the iTunes store will add variable pricing on April 7th. Tracks will be priced at $.69, $.99 and $1.29. There''s been no official word as to which downloads will be sold as various price points, but presumably some older catalog will be reduced in price; while some hit product will be cost 30% more than before. But will the major labels use this opportunity to lower overall prices or abuse it by trying to ring a few extra pennies from the few paying customers that have left? TAG's Ted Cohen [...]