Music Biz Seeking Profits at 99 Cents
The music industry may have begun to figure out how to sell digital downloads, but making money from them is another story. As the 99 cent digital singles model begins to take root across the industry through services like Apple Computer’s iTunes Music Store, Liquid Audio, Rhapsody and a host of others set to bow for the PC this fall, industry executives and artist representatives are questioning whether the pricing model makes sense financially. With all parties involved angling for nickels and dimes in the average download sale, labels, artists and service providers all agree on at least one thing:… Read more »