Los Angeles – Apple is interested in cutting the cost of most TV shows offered on its iTunes Store from $1.99 to 99 cents, Variety reported, citing three people familiar with the proposal.
Apple has argued that the price cut will dramatically increase sales, offsetting the decline in revenue from each individual sale.
Network and studio representatives told Variety they were skeptical of the proposal, although some were open to the idea of charging 99 cents for library titles — [...].
Brussels - The European Commission will hold a hearing later this month at which executives from Apple and several major record labels will appear to discuss the Commission's charges that the iTunes Store might violate EU competition rules, Billboard reported.
Currently, European consumers can only purchase tracks from their home country's iTunes Store, which may offer different tracks and prices than those in neighboring countries.
At the closed hearing, Apple will be heard in separate sessions with Sony BMG, Universal [...].
Apple CEO Steve Jobs just announced a new "iPod Touch” with a 3.5 inch widescreen, WiFi and touch-screen functionality at a product event in San Francisco. From now on, you can purchase and download content from iTunes straight from the device. And Jobs just dropped the price of the iPhone to $399 (instead of $599). With those moves, he makes fairly sure that Apple keeps its grip of the digital music market for the near future.
With increasing competition from mobile [...].
Cupertino, Calif. - Apple CEO Steve Jobs on Wednesday announced that the company will slash the price of its iPhone, released just over two months ago, from $599 to $399 for the 8GB version, adding that the company is on track to sell one million of the devices by the end of this month.
Jobs also unveiled the first touch-screen iPod, which will also offer Wi-Fi connectivity on the device for the first time.
The Wi-Fi connection will enable [...]. one comment
New York – Amazon.com is gearing up to launch its long-awaited digital music service in mid-September, the New York Post reported on Friday, citing sources familiar with the situation.
The store will initially offer a catalog of around 1 million tracks in MP3 format, from labels including Universal Music, EMI and independents.
The Post reports that the decision to distribute unprotected MP3 files has stalled participation from fellow major labels Sony BMG and Warner Music, at least for now.
Nokia held an event in London today where CEO Olli-Pekka Kallasvuo announced a new integrated digital media approach. Except for four new mobile phones, the most interesting news was a Nokia music store, a Nokia N-Gage gaming site, and a web services portal called Ovi.
Innovation is tricky. But Nokia, like Apple, has a strong record of creating slick and smart devices with the potential to revolutionize the consumer electronics market.
By putting the simple game “Snake” on their phones long before [...]. one comment
It is confirmed – Apple is hosting a special media event on September 5th in San Francisco. As usual, what will happen at this event is a mystery, but the invitation features a silhouetted man with an iPod in iTunes CoverFlow interface. The caption reads “The Beat Goes On”, a reference to The Beatles' final press release, which was issued by Apple Records on April 10, 1970, following the band's split.
The blog Appleinsider reports that it is widely expected [...]. 2 comments