Proposal would see customers gain free access to iTunes library in exchange for paying premium for iPods, iPhones
MATT HARTLEY
Wednesday, March 19, 2008
The Globe and Mail
SAN FRANCISCO — When Steve Jobs speaks, the ripple effects reverberate across the music industry. But sometimes, the mere rumour of Jobs-speak can create the same result.
Mr. Jobs revolutionized the music business with the ubiquitous iPod device and the iTunes store. Recently published reports suggest the Apple Inc. chief executive may be planning a seismic shift in the company's music retail model which could once again change the way people pay for their favourite songs.
The Financial Times reported Wednesday that Apple executives were holding discussions with major music labels about the possibility of a new subscription-based service that would provide users with access to the entire iTunes catalogue in return for a one-time fee tacked on to the price of iPods and iPhones. Apple has not commented on the report.
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