\Apple has raised its wholesale prices for US indie record labels, claims Digital Music News.

Many UK indie labels have complained that Apple’s iTunes service offers them a different wholesale price than it does to major labels.

It is not yet clear if the US indie payment increase is being applied in the UK.

Consumer pricing remains unchanged by the new deal, at 79 cents per song.

In the US, Apple has met that criticism, raising its payments to indie labels to 70 cents per song – the same rate as it pays the majors (and inclusive of publishing royalties). [more @ www.macworld.co.uk]

Posted Wednesday, July 27th, 2005 at 8:35 pm
Filed Under Category: Music Business
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