At 12:24 PM -0800 1/7/09, John Willkie wrote:
This is great news, and I heard it on the radio yesterday. Jobs got what he said he wanted -- an end to DRM -- and what he didn't -- a recognition that hits (I think it will actually turn out to be 'new releases') are more valuable than catalog. Price reductions are always good. I hope/trust Rhapsody will follow suit.
Ironically, it is the most popular catalog songs that the labels want to charge $1.29 for.
The iTunes store has a good way to represent this graphically - the popularity meter. The labels could just base their pricing on this meter, which is essentially an indicator of sales for each track.
Unfortunately, most of the stuff i buy from iTunes is popular old catalog tracks.
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