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Copyright Law

: ZeroPaid

Report: Apple in Talks with Record Labels for Unlimited iTunes

By soulxtc

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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.

Full post as published by ZeroPaid on March 19, 2008 (boomark / email).

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