According to MacWorld, Apple is closing in on 1 billion songs sold. From looking at the counter on their website, they have sold 30 million songs in the last ten days. Seems that they have been pretty successful in their endeavor.
To help generate sales, Apple is offering prizes: every person buying a 100,000th song gets a black 4GB iPod nano and a $100 iTunes Music Card.
The person who downloads the billionth song from the iTunes Music Store will receive a 20-inch iMac, a $10,000 iTunes Music Card, and ten 60GB iPods.
And the money that the music companies make from Apple is not adequate? This is why they feel a need to try to force the online music stores to charge more for certain downloads. It seems that the flat-fee pricing seems to be working pretty well. Maybe it is time for the RIAA to just chill out and rake in the money these companies are making for them. It is too bad the recording industry has a de facto monopoly, because I would love to see Steve Jobs tell those who are insisting on tiered pricing to take a hike. It would serve them right.
posted by Jeff