It was reported on thestreet.com that Amazon.com is allowed to start selling over 2 million mp3 music files DRM free. The price they are selling them at is 89-99 cents. less then Apple Itunes 1.29 for DRM free songs. The music industry has realized that DRM-free songs sell more bringing in more profits.
Hopefully Apple will be allowed the same and we will have price wars leading to cheaper music. The street’s article stating that 25 cents would be a great goal assuming the record labels can be talked into lowering their price to amazon and apple.
The downside to this is its not an overnight happening. There is no comment on how long it will take for this to be up and running, however, I would think it would be running before the holiday season.
There is also no news from amazon.com about this yet.
