Music Sites: Price Fixing?

Tom Keating : VoIP & Gadgets Blog
Tom Keating
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Music Sites: Price Fixing?

So it's not just me that thinks that it's more than coincidence that so many music download sites charge 99 cents for a song.

Apparently both the U.S. Department of Justice and New York Attorney General Elliot Spitzer think so, too. Both are investigating potential price-fixing by online music sites -- at the core of it is whether the major record labels, such as Sony BMG Music, Warner Music Group, Universal Music Group and EMI Group, colluded to determine and set the price of music song downloads. (Napster anyone?)

All of this comes when these record labels are bemoaning falling CD sales, but neglecting to delight in the boom in online music sales. (Money in one pocket, money in the other pocket.)

Do I hear the intro to Pink Floyd's "Money" starting to well up in the background?

Let me know what you think about online music pricing ...

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