Ken Savage Making IT in Massachusetts

As if music companies weren’t making enough…

Some leading music labels are in talks with online retailers to raise wholesale prices for digital music downloads, in an attempt to capitalize on burgeoning demand for legal online music.

The moves, which suggest that the labels want a bigger slice in the fledgling market’s spoils, has angered Steve Jobs, the Apple Computer chief executive who is behind the popular iTunes online music store.

But music executives expressed caution about their ability to push through unilateral price increases. Among the biggest groups, Universal Music and Sony BMG are known to be particularly reluctant to disrupt the market for downloads. One top label said it would not raise wholesale prices now because the market was not yet mature enough for a price increase.

The three other music labels which also include EMI and Warner refused to comment.

I’m still bullshit that my ipod won’t take any downloads from Napster. Napster rules and iTunes SUCKS!

Related Posts

1. Brad Sucks Music – testing out this inline mp3 player
2. Wolfmother – Dimension Real Rock Music
3. Mtv Video Music Awards Wrap Up. No controversy at the VMA
4. Making the Band 3 Returns June 15th on MTV
5. Find Out the Secrets Why Companies Use Rebates