"Greedy" record companies are pushing for an increase in the price of music downloads, Apple's chief executive Steve Jobs has said.
Mr Jobs vowed to resist such pressure, after revealing that music firms were pushing for higher prices on Apple's iTunes internet music store. He said companies already made a bigger profit through iTunes than in CD sales.
Apple's co-founder was speaking ahead of the Apple Expo showcase in Paris. Record companies did not comment.
Mr Jobs said that by cutting out manufacturing jobs, selling through iTunes was already proving lucrative for record companies.
"So if they want to raise the prices it just means they're getting a little greedy," he said.
Interesting how not all songs are equal and siome should be more expensive and the market should decide and so on and so forth.... but I do not see hwre he says that some lesser songs should be made available for less than 99 ct on iTunes then
Personally I think 99 ct is plenty for any song and since the production cost of an online item is vastly less than having to make and distribute single-CDs i don;t see why they feel their losing money
i disagree with both sides! i would very rarely (read: never) be interested in buying a single song at any price, i'm a firm believer that if the artist's good enough you buy the whole thing, and listen to it in it's intended order, and also you get all the pretty packaging etc too
I have in the past bought albums for teh sole reason of getting one or two good songs off it so I'm inlcined to disgaree. I do buy albums with the fancy packaging and the leaflet and the bonus tracks when I think the whole things is worth buying, but there are many artist that have a good song, or at leat a song I like, that may be nothing more but a deviation from their regular work, or just make one decent song period.
In such a case I'd much rather purchase the one song.
if the artist aint good enough to make an album of decent material, then these days the artist isn't good enough for me to spend my hard-earned on, period