Music industry to surrender to Apple

THE RECORD industry is apparently on the verge of surrendering to Jobs' Mob's demands that music prices be kept at .99 cents a single on iTunes. Universal, Warner Music, SonyBMG and EMI North America are all in various stages of renegotiating their digital deals and had made lots of public statements that the flat rate charge was a non-starter. Some told the New York Post they may end up pulling their music from iTunes.

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News source: The Inq

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