Apple announced today that the iTunes Store would implement variable pricing of songs, which means that songs are now priced at either $.69, $.99, or $1.29. My initial reaction was to be further annoyed with iTunes (I've previously expressed my frustration with the iTunes Store -- see this post) for raising their prices, and I figured that this would be an opportunity for Amazon and Lala to gain some market share if they maintained their current pricing. Unfortunately, I discovered to my dismay that all three sites -- yes, Lala too -- had adopted similar pricing breakdowns for their mp3 stores. Upon further examination, however, I discovered that most of the music that I listen to is still priced at $.99. It seems, at least for now, that only mainstream new releases have been bumped up to $1.29. Apparently sometimes it pays to listen to more obscure music than the average human. Hopefully this isn't a sign that online music stores plan to collude and raise their prices, but I'm afraid that's exactly what it is. Oh well, there's always eMusic!
Tuesday, April 7, 2009
Online Music Stores Change Pricing
Apple announced today that the iTunes Store would implement variable pricing of songs, which means that songs are now priced at either $.69, $.99, or $1.29. My initial reaction was to be further annoyed with iTunes (I've previously expressed my frustration with the iTunes Store -- see this post) for raising their prices, and I figured that this would be an opportunity for Amazon and Lala to gain some market share if they maintained their current pricing. Unfortunately, I discovered to my dismay that all three sites -- yes, Lala too -- had adopted similar pricing breakdowns for their mp3 stores. Upon further examination, however, I discovered that most of the music that I listen to is still priced at $.99. It seems, at least for now, that only mainstream new releases have been bumped up to $1.29. Apparently sometimes it pays to listen to more obscure music than the average human. Hopefully this isn't a sign that online music stores plan to collude and raise their prices, but I'm afraid that's exactly what it is. Oh well, there's always eMusic!
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