According to Business Week however, the claims are largely unfounded although there have been talks for an iTunes subscription model being floated around for months. The FT report claimed that for a $20-$100 USD premium on the price of iPods and iPhones users would have unlimited access, DRM-free, to iTunes music. The added revenue from the sales of the devices would then be "distributed appropriately amongst record labels."
The latest Business Week report however completely contradicts the last report. "Insiders at major music labels" have supposedly dismissed the rumors completely although Apple has yet to make an official comment.
We will keep you updated on any developments.
Written by: Andre Yoskowitz @ 20 Mar 2008 15:28