The market for downloaded music is strong enough to take a price rise, according to the major music labels.
Several big labels are in talks with online music retailers to get them to increase prices,according to the FT. The labels are looking to increase the wholesale prices shops pay for tracks. Sites in the US typically sell tracks for 99 cents each. The wholesale price is currently 65 cents per track, according to the FT.
Feb
28
Record labels want more money for online downloads
February 28th, 2005
Feb
25
An Apple Tivo - Yes Please!
February 25th, 2005
Shares in TiVo, the digital video recorder pioneer, have risen sharply on speculation that it could be bought by Apple Computer.
Feb
23
Google’s beta toolbar favours amazon
February 23rd, 2005
Google has released a trial tool which is concerning some net users because it directs people to pre-selected commercial websites.
Feb
22
Online shopping ’soaring in UK
February 22nd, 2005
Online shopping is booming in the UK, according to a new retail report.
Market analysts Verdict found the internet was the fastest growing retail sector last year, attracting one in four shoppers.
Feb
17
Phishers copy entire sites to scam the unwary
February 17th, 2005
A Lancashire-based PC hardware site has become the victim of a sophisticated and disturbing new online fraud.
Laptop Bits Ltd managed to get the bogus web site - laptopexpress-ltd.com - shut down last night just hours after being alerted to the scam by a regular customer.