macnn/electronista/ipodnn
03/20/2008, 9:25am, EDT
Thursday, March 20thfrom: www.electronista.com
Report: Unlimited iTunes subscription a myth
Talk of unlimited subscriptions at the iTunes Store is largely unfounded, a new report claims. Yesterday, the Financial Times suggested that Apple has been shopping around the concept of a premium on iPods and iPhones, which would grant users unlimited access to iTunes music; in turn, revenue would be distributed appropriately amongst record labels. Apple is further said to be angling for a $20 premium, while a record label executive has said the amount could go as high as $100, based on research of public opinion.
According to sources cited by Business Week, however, no negotiations are underway. An Apple spokesman has declined to comment, and "insiders at major music labels" have effectively dismissed any rumors. One source does acknowledge that the concept of a subscription plan has been "kicked around" for approximately a year, but that "no meaningful discussions" have taken place so far.
Filed under: iPod, iPhone, Apple
Other story tags: iTunes, music
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4 billion songs ÷ 50 million customers = 80 songs
146 million ipods / iphones sold? yes, that would be closer to 20 songs, but that's not counting repeat customers as the same purchasers. the problem with executives and business negotiations is that they don't rely on standard anything. not standard policy, standard math, standard common sense or common decency.
Just a thought.
So, who decides a rumor is unlikely? Do we take a poll? And aren't a lot of rumors unlikely until they happen?
Finally, what fun is facts? Everyone knows facts. Rumors allow for everyone to run with it and go "Well, if they then did this....."