The power of a monopolist, against former monopolists: The music labels may be on the verge of waving the white flag in front of Steve Jobs, and abandoning its demand for differential pricing on iTunes, NYP reports. Several record executives now say they are unlikely to convince Jobs on the issue…
Universal, Warner Music, SonyBMG and EMI North America are all in various stages of renegotiating their deals, but seems like they would let the current iTunes agreement run through, and probably lapse and go on until any deal is reached.
We’ve been covering this debate step by step over the last year or so, and the links below will give you the complete picture.
— Labels, Apple Debate Over Variable Pricing Unlikely To Be Resolved Soon
— Subscription Service Pricing Under Scrutiny
— Apple May Raise iTunes Song Prices In a Year: EMI CEO
— Universal Music May Introduce Variable Wholesale Pricing Next Year
— Variable Pricing Haunting Apple Again