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Apple Threaten to Close iTunes Store
Quote:
A veiled threat by Apple to close its iTunes store has emerged 18 months after it was issued and just a day before royalty rates are to be set.
The Copyright Royalty Board meets on Thursday to rule on a requested 66% increase for sales of digital music from 9 cents to 15 cents a track.
A rise would have to be paid by either Apple, the record company or consumer.
Apple opposed the rate hike and has said it is unwilling to raise its 99 cents a song price or absorb a rise.
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http://news.bbc.co.uk/1/hi/technology/7645537.stm
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