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Source: http://www.legalbrief.co.za
Apple is reportedly in talks to offer free access to its iTunes music library to customers who pay extra for an free iPod or free iPhone.
The company is discussing a deal with the major record labels, but the negotiations hinge on how Apple and the music companies would share the revenue.
If the plan is realised, Apple could charge a premium for free iPods and free iPhones in return for permission to download unlimited songs for free from iTunes. According to a SF Gate report, Apple also is studying a plan that would allow free iPhone owners, who already are billed monthly for their cell phone services, to pay a regular subscription in exchange for unlimited access to its library, an arrangement that Apple CE Steve Jobs has scoffed at in the past. In years past, Jobs argued that people want to download music and own it. Now CNET News has confirmed talks with the big music labels over a possible shift to subscriptions. So why would Jobs consider a subscription service now? The idea of recurring revenue is sweet, especially with free iPod unit sales growth slowing.
For users, it would mean you don't need to own or manage your music anymore.
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