From an interview with Steve Jobs:
"...it turns out the music companies make more money when we sell a song for 99 cents than they do when they sell it on a CD."
<begin sarcasm>
Who would have thought providing music for download would be a cheaper delivery method than mass producing CDs.
</end sarcasm>
So, really, the music companies should be lowering prices they charge online resellers (instead of trying to raise them), but that's probably not going to happen.
Agreed. I wouldn't mind the prices staying the same as they are or even going up a bit IF the artist was guaranteed a bigger (fair) piece of the pie.
Yeah, but that's not going to happen for the foreseeable future.
It would be ideal if Apple could get the rights to distribute all of the vaulted content that the labels have _and_ be able to allow artists to use the iTunes music store without going through a label.
>allow artists to use the iTunes music store without going through a label.
That would open the flood gates. I know I am for it.
I'm sure they're still kicking and screaming about it though... 8^/
Yes, because they are the dumb.
And they are also the makers of the sux when it comes to music. 8^/