Saturday, September 04, 2010

Business & Technology | Google music service eagerly awaited | Seattle Times Newspaper

[AnybodyButApple] poised for success with music publishers

Music companies have all but rolled out the red carpet for Google, believing the technology giant can serve as a counterweight against Apple, which controls 75 to 80 percent of digital music sales via its iTunes store.

Though record companies collect 70 percent of the revenue generated by iTunes, they have bristled under Apple's terms, which had limited the prices music companies could charge, among other things.

With Google on the scene, the hope is that music companies can lessen their dependence on Apple.

Business & Technology | Google music service eagerly awaited | Seattle Times Newspaper

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