Apple Threatens To Shut Down Itunes!!

[Jordy]

It's just a threat, the chances of this happening is very small, it's to attempt to put off the producers etc.

I do use iTunes to get the odd obscure song, that's what iTunes is good for but I think it would be an excellent think for the consumer if it closed, it would virtually eliminate DRM as hardly any other music stores use DRM.

If you want a good legal place for MP3s, which in some cases is cheaper than iTunes, try 7digital

[Fifteen]

Oh, I wouldn't care if te Itunes store shut down, waste of money imo

[Camistheman]

It will not shut... I dont buy of them though

[MrPinkPanther]

If they are only making say $0.10 a song after the cost of the servers, upkeep of itunes etc then now they would only $0.04 per song. Its probably just not worth the hassle.

[:job2]

I found on Engadget today that the music people (cant remember who it was) have dropped the case to get more royalties, so the iTunes store is safe

[GommeInc]

Pffft, doesn't effect me. I hate iTunes It'll be funny if Apple lose the store though, would make me laugh at least

[xxMATTGxx]

Apple generated some headlines on Tuesday when statements by iTunes vice president Eddie Cue suggested that Apple might shut down iTunes rather than pay increased royalty rates to music publishers.

Few took the threat seriously, but CNet reports that the Copyright Royalty Board decided to keep royalty rates at 9.1 cents. Music publishers had been pushing for an increase to 15 cents per track, while Apple was insisting that the price increase would not be tolerated by the market.

The 9.1 cents/track rate is now set for the next five years. An Apple spokesperson stated they were very pleased with the decision.

Update.

[Axel]

Yes, because shutting down the iTunes store means the iTunes program will suddenly stop working..

[Jack!]

I use itunes for my Ipod but i would use the store to get the odd song. Otherwoise i buy CDS or get it from freinds in emails and MSN so i suppose the closure would affect me but atleast there now no shutting

[lolwut]

So everybody knows, Apple won the copyright law, apparently they didn't get exacly what they wanted but the courts agreed to freeze however-much-it-is that artists get paid for the next 5 years. It said Apple where happy with that outcome.

I'd find a link but I can't be bothered...