iTunes Expected To Raise Download Price

Say goodbye to those 99-cent downloaded songs. “The five major record labels have been in negotiations recently with Apple over pricing and other issues associated with the year-old download service, which was launched to great fanfare last April. All five of the deals – with Universal, Sony, BMG, EMI and Warner Music – have already been signed, sources say, and the new pricing is already being rolled out for albums.” Prices are expected to go up to $1.25 per track.