“Brian McKinney, who runs Chicago’s Chocolate Lab Records, claimed at the weekend that iTunes charges a $10,000 production fee for iTunes LP, a new digital format that pairs additional content such as lyrics and videos with album downloads,” MusicWeek reports.

“However, an iTunes spokesman says the fee is fiction,” MusicWeek reports. “‘There is no production fee charged by Apple,’ he says. ‘We’re releasing the open specs for iTunes LP soon, allowing both major and indie labels to create their own.'”

Full article here.