[vikulenka]

A ruling this week could force online music sellers to pay publishers more money - as an Apple threat to close iTunes looms.

NEW YORK (Fortune) -- For five years, Apple's iTunes Music Store has been the Internet's most successful music store. But as music publishers have sought a higher share of its proceeds, Apple has threatened to shutter iTunes.

.....

"If the [iTunes music store] was forced to absorb any increase in the ... royalty rate, the result would be to significantly increase the likelihood of the store operating at a financial loss - which is no alternative at all," Cue wrote. "Apple has repeatedly made it clear that it is in this business to make money, and most likely would not continue to operate [the iTunes music store] if it were no longer possible to do so profitably."

MORE HERE :
Digital music retailers await copyright board decision - Sep. 30, 2008

http://www.loc.gov/crb/proceedings/2...ue-amended.pdf

[skyforger]

Originally Posted by vikulenka

as an Apple threat to close iTunes looms.

oh dear, this is never going to happen

[vikulenka]

Originally Posted by skyforger

oh dear, this is never going to happen

They can also simultaneously close the iPod, iPhone and all the other things that start with an "i".

It certainly would close iDRM and ALL other DRM

I wish!

So, they are sort of iDoomed to operate forever, aren't they? Even at a loss?

[skyforger]

Originally Posted by vikulenka

I wish!

So, they are sort of iDoomed

lmfao.

yes, they are!

[Ashleyj]

Looks as if it has all been settled amicably.

BBC NEWS | Technology | Online music avoids rate hike

All you iTunes users can sleep peacefully once again.