Apple CEO, Steve Jobs, Apologizes For Sudden iPhone Price Drop Offers $100 Credit
After Apple gave early adopters of the iPhone a swift kick to the biscuits yesterday when they announced that the top-of-the-line 8GB iPhone was now only $399, the company has attempted to alleviate the pain by issuing a $100 store credit to any sucker customer who bought the much touted device. The $200 price drop, only two months after the phone debuted, pissed off many Apple customers who vented their frustration and bitterness in...
BMI Revenues Up 7% This Year
Unlike the major labels, BMI, one the largest performing right organizations, has noted a 7% uptick from the previous year in revenues of more than $839 million. BMI will pay out more than $732 million in royalties to the songwriters, composers and publishers it represents, an 8% increase in distributions from the prior year. BMI attributes the increase in revenues to the nature of its music catalog, its licensing across a range of...
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