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Apple and other online music retailers get their way
Article posted from
Valleywag: Apple (http://valleywag.com/5058338/apple-and-other-online-music-retailers-get-their-way)
The Copyright Royalty Board, an obscure agency which has been thrust into the spotlight thanks to its role in arbitrating rates for digital music distribution, has frozen the price online music stores have to pay to artists and labels at a little over nine cents. The music industry had been lobbying for an increase to around fifteen cents, would likely have erased the notoriously slim margins Apple enjoys at the iTunes Music Store. Not that Apple would have cared, since it's all about the iPod business anyway and the company was ostensibly willing to shut down digital download sales if it didn't get its way.
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