Apple Renews 99 Cent Download Contracts
Apple Computer acknowledged it had renewed contracts with the four major labels to continue to sell songs through its iTunes digital store for 99 cents each. The agreements came after months of bargaining, and were a defeat for music companies who had been pushing publically and privately for a scaled pricing model. Since iTunes inception, Apple has charged US consumers 99 cents for each downloaded track. Although the majors have...
Muze Acquires Loudeye U.S.
Loudeye to Focus on Expanding Global Operations With Its OD2 Services Loudeye Corporation announced today that Muze has acquired Loudeye’s U.S.-based services and operations in an asset purchase transaction for $11.0 million in cash. The transaction closed April 30, 2006. Muze assumed Loudeye’s web and mobile digital music commerce services, operating on Loudeye’s U.S.-based platform. The platform also has the...
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