Thursday, April 9, 2009

iTunes New Pricing Hierarchy

No more 99 cents per song at iTunes. As of 2 days ago, iTunes changed it's pricing system for songs. Now, instead of a nice 99 cents for every song you want, you have to pay 79 cents for older songs, $1.29 for new popular songs, and 99 cents for everything in between. Amazon and Wal-Mart quickly followed suit, as is only to be expected in the business world.

The music industry has been asking iTunes to change their pricing scheme for a while to motivate the sale of older songs as well as gaining a larger profit for newer songs. It's a good plan for getting more money for the artists, in theory. Too bad it ends up costing us more money for that new song we've absolutely got to have. I sense a rise in piracy in the future...

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