Submission + - Universal choses to not renew iTunes contract (nytimes.com)
John writes: "The Universal Music Group of Vivendi, the world's biggest music corporation, last week notified Apple that it will not renew its annual contract to sell music through iTunes....
Instead, Universal said that it would market music to Apple at will, a move that could allow Universal to remove its songs from the iTunes service on short notice if the two sides do not agree on pricing or other terms in the future, these executives said."
Seems like a game of chicken. Who will flinch first, the world's largest music label or the world's third largest music retailer?
Seems like a game of chicken. Who will flinch first, the world's largest music label or the world's third largest music retailer?