Mar 19 2008

Report: Apple in Talks with Record Labels for Unlimited iTunes

  • Written by soulxtc
  • 2 Comments


Offers $20 USD tax on iPods and iPhones to be divided by record labels based on their market share.

According to a recent report in the Financial Times, Apple has been talking with the Big 4 record labels about offering an unlimited download model to customers of its popular iTunes digital music store.

Citing people familiar with the talks, the paper said the negotiations hinged on a dispute over the price Apple would be willing to pay for access to the labels’ libraries. So far it has offered a tax of about $20 USD on both iPods and iPhones in exchange for unlimited access to the labels’ libraries, a deal which they have thus far apparently refused.

The report also says that Apple is considering a subscription model as well. One industry exec said research showed consumers would pay a premium of up to $100 for unlimited access to music for the lifetime of a device, or a monthly fee of $7-$8 for a subscription model.

Whichever plan proves to be more palatable to record labels one thing’s for sure – the music industry is changing. As much as labels would like to deny it, I believe the future of music will be some sort of subscription-based unlimited consumption model like cable TV for example.

Related Posts

  1. Music Industry Threatens to Cut Off Apple iTunes
  2. WWDC surprise: Apple to announce iTunes movie rentals
  3. Record Labels: Licensing File Sharing Isn’t So Crazy After All
  4. Apple DMCA sends iTunes DRM decryptor offshore
  5. Record labels wake up to online music reality
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Comments

  1. w31n3r

    subscription based models are the future of the industry. copyright pukes should realise this and encourage this trend.

  2. davemyyz

    A good start but I assume we would still be stuck with Apple’s DRM? The whole point is to get away from DRM if I let my subscription end I still want to be able to listen to those songs years from now on any player or PC I choose.

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