Along With Apple, Amazon MP3, Others Hike Digital Song PricesAuthored by Mark Hefflinger on April 8, 2009 - 8:39am.
Seattle
- While Apple (NASD: AAPL) got the most coverage for launching variable pricing yesterday at
the iTunes Store, where top songs may now be priced at $1.29 and catalog tracks
at 69 cents, the change affected much of the rest of the digital music retail
market, with similar price hikes seen at Amazon MP3 (NASD: AMZN), RealNetworks' (NASD: RNWK) Rhapsody,
Walmart.com (NYSE: WMT) ($1.24) and Lala.Ars Technica noted that the price increases have not been uniform across all sites, as the Black Eyed Peas' new single "Boom Boom Pow" costs $1.29 on iTunes, but can be purchased for 99 cents at Amazon MP3, and for 89 cents from Lala.com. NPD Group recently said that 16% of U.S. digital music purchasers bought tracks from the Amazon MP3 store last year. Billboard reports that hip-hop tracks were the most likely to see a price hike at the iTunes Store, as ten of the current top 20 were raised in price to $1.29, compared with 29% of top country songs, 25% of top rock songs, and 13% of currently popular alternative tracks.
Related Links: http://snipurl.com/ficjg (Billboard) tags: Music | Apple | DRM | Retail | Rhapsody | iTunes Store | Lala | Variable Pricing | Walmart.com |
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