2003-07-23
The RIAA continues in its absurd attempt to put college America behind bars. Meanwhile, a competitor to iTunes launches. Amazingly, it manages to completely misjudge what makes iTunes great; Buymusic doesn't offer consistent pricing (prices range from 79¢ to $1.79 per track), or a consistent usage scheme (some tracks can be burnt to disc, some can't, some can only be burnt a number of times, and oh, you can't use an iPod with the service, as it's based around Microsoft's WMA technology). It'll be interesting to see how well it performs: Apple sold 275,000 songs in its first 18 hours. Buymusic has a bigger selection of tracks (300,000 vs. 200,000), plus as it's PC only, it should have a potential audience of 95% of the consumer computer market, opposed to iTunes's 5%. So it should be much more successful, shouldn't it? Hmm…
(Incidentally, CDBaby now has a contract with Apple, so the independent music artist now has a way to profit from iTunes without having to be signed to a major label. Seems to be a Factory-type arrangement: the label receives 9% of the profit from any music sold, and the artist retains all rights)