Thursday, October 18, 2007

What's the future of iTunes? - Slate Magazine

What's the future of iTunes? - By Ivan Askwith - Slate Magazine: "Since the iTunes Store opened in 2003, Apple and the world's top media companies have happily shared the profits from consumers' increasing appetite for downloadable songs and videos. This summer, the four-year honeymoon ended. In July, Universal Music Group announced that it would be downgrading its licensing contract with iTunes. Universal then revealed late last week that it has been in negotiations with other major labels to launch a rival service. Two months ago, NBC announced it would be pulling the network's shows from iTunes and relocating to Amazon Unbox. And in the last two weeks, Radiohead sidestepped both iTunes and the major record labels by allowing fans to purchase its new album online for whatever price they choose. Does all this mean that Apple's dominance of online media is coming to an end?"


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