A decision ruling on whether or not to raise the fee for recorded music has tempted Apple to threaten the shutdown of their popular online digital seller iTunes today.
According to the Associated Press, the Copyright Royalty Board is expected to increase the wholesale price of a song from its’ current 9 cents fee to an undisclosed amount. Despite reportedly upping the rate every two to three years by a fraction of a cent, the ruling today comes at a time when the music industry continues to suffer financial losses.
Something tells me they are going to come with a settlement. In this digital age it would be stupid to close down itunes over some greed.
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