You kind of knew it wasn’t going to last and that this would happen. The day after iTunes put its price increase into effect (some songs for as high as $1.29, some as low as $.69), the other big online music retailers followed suit. Amazon, Wal-Mart, Lala, and Rhapsody, have now raised their prices as well.
All but Walmart now list prices for hot selling and new stuff at $1.29 per song. Walmart is at $1.24. Now that there isn’t much difference between prices or DRM restrictions, it will be interesting to see how the on line music market plays its next tunes.
Somewhere some music industry execs are smiling and smoking cigars over this.
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