March 20, 2008

Labels, Apple Debate 'Total Music'

Apple and major record labels have reportedly stepped up negotiations concerning the idea of bringing the "Total Music" concept to iPod devices. According to sources, Apple in the last month reached out to all four major labels to discuss the prospect in more detail. However sources stress a deal is not imminent. Of the many questions to be answered: How much will Apple pay the labels for access to the music? FT reports Nokia will provide about $80 from each device sold to pay for a year’s worth of music, while Apple is offering $20. However Billboard.biz’s sources dismissed those figures as pure speculation. (Billboard, Coolfer, Silicon Alley Insider)