So Universal Music has decided to ditch iTunes so they can distribute their DRM free MP3s elsewhere. This has everything to do with price jumps because Apple really set the tone for music pricing. What Universal doesn’t understand is the consumer’s hatred for price gouging. At least that’s what consumers will perceive it as since the same artist’s new music will, I believe, be markedly more expensive when compared to their older work on iTunes.
Universal will also totally underestimate the rapid growth of file sharing for this new DRM free music as a protest to their pricing tactics.
My guess is that the other labels will not immediately follow suit because actual sales of the new music will be low and P2P trading will be HIGH.
Oh if there was only a way to buy stock in The Pirate Bay or mininova.