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Prices in iTunes Music Store will not change

Prices in iTunes Music Store will not change

3rd May 2006

Company Apple Computers declared about the prolongation of agreements with four most important sound-recording companies: Universal, Warner Music, EMI and Sony BMG. this will make it possible to Apple to realize in Internet- store iTunes Music Store musical compositions on 99 cents for the piece, reports Financial Times. For a period of three years, which passed from the moment of the starting of the musical online service iTunes Music Store, the users could acquire tracks precisely on this price. However, several months ago recording studios incited to revolt: Warner Music, EMI and Sony BMG required to increase the price of download for the new hits and tracks of the popular artists. Universal joined other labels, after refining nevertheless that this step is justified on the developed markets. Head of Apple Steeve Joebs was agitated by greediness of the sound-recording studios it knew how to agree with them, after leaving prices constant. For a long time whether it was possible to calm the four of "insatiable", until it is clear, since the agreements can prove to be short term. Today the portion of the most popular online musical store iTunes Music Store is of about 80% of American market. In 2005 the attendance of service increased by 241% and now it is about 20,7 million people. Musical store regularly use about 14% of entire active "population" of network.




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