Apple Introduces New iTunes Pricing, Frees 8 Million Songs From DRM Prison
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Apple has finally given in to record company demands and has changed the flat-rate price structure on iTunes. Individual songs will now be available at three different price points: 69 cents, 99 cents, and $1.29. In return, the record companies have agreed to let Apple offer DRM-free music on iTunes, at twice the quality than previously available. 8 million songs will be available immediately for download without the DRM encoding. Apple plans to have the entire iTunes catalog DRM-free by March of this year. Looks like Apple is ready to play hardball with Amazon.com, who had struck a similiar deal with record companies earlier last year. If you'd like to upgrade your library, head over to iTunes to receive a discounted rate.