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We're not buying Apple's new unlimited music plan

Apple has opened negotiations with the major record labels by offering only $20 per customer for a proposed unlimited plan at the iTunes music store, according to the Financial Times. Nokia is offering $80, but then cell-phone manufacturers have the price of phones subsidized by carriers who've gotten used to paying hundreds of dollars to acquire new customers. Apple has traditionally made its profits on the devices themselves, since iTunes margins are paltry, and are already slashing prices on units in order to meet sales forecasts. Labels are looking to get as much as $100 from iPod buyers and $8 a month from iPhone subscribers. Both sides are really fighting over how much of the profit from music they'll keep. Me, I'll stick with vinyl. (Illustration by Gizmodo)

9:48 PM on Tue Mar 18 2008
By Jackson West
966 views
4 comments

Comments

  • That looks like the Pentagon City underground. Now I'll have stomach cramps.

    I've decided the best use of my iPod is to keep it for 20 years (still have the packaging!) and sell it as a novelty item.

    Why would anyone not forcibly confined to a jail cell, hospital room, or the Pentagon Underground, want to listen to music on ear-buds?

    Vinyl will be around a while, but speakers so loud they make your fillings come loose will never go out of style.

  • "We're not buying Apple's new unlimited music plan"

    What? Are unlimited music plans not popular in the gay world?

  • Image of Nicholas Carlson Nicholas Carlson at 07:20 AM on 03/21/08 *

    @zato3: No, but zato3 is, you big sexy piece of hott. C'mere ;-)

  • Image of Nick Douglas Nick Douglas at 06:44 PM on 03/21/08 *

    Why not learn Bittorrent? That seems easier.

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