03-03-2006, 01:14 PM
http://today.reuters.com/news/articlenew...sinessNews&storyid=2006-03-03T022022Z_01_N02427470_RTRUKOC_0_US-MEDIA-ONLINEMUSIC.xml&rpc=23
"By Sue Zeidler
LOS ANGELES (Reuters) - The U.S. Department of Justice has opened an investigation into online music pricing at the world's major music labels, sources familiar with the matter said on Thursday.
The DOJ probe closely tracks a similar investigation by New York State Attorney General Eliot Spitzer into the pricing of digital music downloads, the sources said."
"Apple Computer Inc.'s iTunes music store dominates the industry, charging 99 cents for each of the vast majority of its songs, but some music labels have indicated they want to institute variable pricing. Rival online music stores include those run by music subscription service Napster, Inc.; retailer Wal-Mart Stores Inc. and RealNetworks Inc., which makes software for playing video and music on computers."
"Last September, Apple Chief Executive Steve Jobs called the music industry "greedy" for considering hiking digital download prices and warned the move could drive iPod users to piracy."
Dennis R
"By Sue Zeidler
LOS ANGELES (Reuters) - The U.S. Department of Justice has opened an investigation into online music pricing at the world's major music labels, sources familiar with the matter said on Thursday.
The DOJ probe closely tracks a similar investigation by New York State Attorney General Eliot Spitzer into the pricing of digital music downloads, the sources said."
"Apple Computer Inc.'s iTunes music store dominates the industry, charging 99 cents for each of the vast majority of its songs, but some music labels have indicated they want to institute variable pricing. Rival online music stores include those run by music subscription service Napster, Inc.; retailer Wal-Mart Stores Inc. and RealNetworks Inc., which makes software for playing video and music on computers."
"Last September, Apple Chief Executive Steve Jobs called the music industry "greedy" for considering hiking digital download prices and warned the move could drive iPod users to piracy."
Dennis R