Apple flips switch on iTunes Store tiered pricing

“The era of one-price-fits-all-songs on iTunes came to an end Tuesday as Apple Inc., the Internet’s dominant digital music retailer, began selling some of its most-downloaded songs for $1.29 apiece,” Jessica Mintz reports for The Associated Press.

“Apple said in January that it would end its practice of selling all individual songs for 99 cents each and begin offering three tiers: 69 cents, 99 cents and $1.29,” Mintz reports.

“Apple also did away with copy-protection technology known as digital-rights management, or DRM, [without which] the songs can be copied to any number of CDs, computers and music players, as long as those devices support the AAC encoding format Apple uses,” Mintz reports.

“AAC, like the more widely used MP3 format, is a method of compressing large audio files while trying to preserve sound quality. Besides iPods, several media players can play back unprotected AAC files purchased on iTunes,” Mintz reports.

Full article here.

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