BusinessWeek: Subscription iTunes Makes Sense but Unlikely
In recent days, Financial Times reported that Apple is in talks with major recording labels over bringing subscription music service to iTunes. The deal supposedly would allow unlimited access to the iTunes music library in exchange for an undisclosed mark-up on iPod prices. Arik Hesseldahl of BusinessWeek reports that while such a deal in these times of slower sales growth for iPods makes sense, his sources familiar with Apple’s plans have refuted the claims made by FT. He goes on to say that while recording labels do see potential benefits to unlimited downloads for a flat monthly fee, Apple’s chief is harder to convince.