Last month the Association of Independent Music, which represents almost a thousand British indie labels, recommended its members not to sign a deal offered by Apple, because it would have locked them into a long term contract at fixed prices. Apple is now expected to offer a contract that is more in the lines of their contracts with the bigger record companies.
The independent labels represent over a quarter of the total album sales in Europe, so getting them onboard is quite essential for iTunes.
Source: The Times online
Written by: Jari Ketola @ 13 Jul 2004 4:23
