Apple will today (Monday) start its bid to become the leading online music retailer with a fee-based service allowing songs to be downloaded for 99 cents. The new venture is backed by the five majors, and marks the latest industry effort to challenge the loss of revenue from the millions of fans who download music illegally on file-swapping services
(Yahoo/FT).

Posted Monday, April 28th, 2003 at 8:36 pm
Filed Under Category: Music Business
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