Apple today announced that within six months it will lower the prices it charges for music on its UK iTunes Store to match the already standardized pricing on iTunes across Europe in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Sweden, Switzerland and Spain. Apple currently must pay some record labels more to distribute their music in the UK than it pays them to distribute the same music elsewhere in Europe. Apple will reconsider its continuing relationship in the UK with any record label that does not lower its wholesale prices in the UK to the pan-European level within six months.
"This is an important step towards a pan-European marketplace for music," said Steve Jobs, Apple's CEO. "We hope every major record label will take a pan-European view of pricing."
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wombat - January 10, 2008 at 3:54am
Good news for the UK. However I was hoping to read about a standard price WORLDWIDE. In Europe we pay 0,99 per song. In the US $ 0,99. Ninetynine cents is ninetynine cents but with today's exchange rates it's simply more expensive to hear the same music in the EU.
Is the CEO listening on this thread? ;-))
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