Online music pricing under investigation

The Wall Street Journal is reporting that New York State Attorney General Eliot Spitzer is investigating the possibility of collusion in online music pricing. Subpoenas have been sent to Sony BMG Music Entertainment, Warner Music Group Corp. and Universal Music Group.

Currently, all single songs on the iTunes Music Store cost 99 cents each but Apple is facing pressure from music labels to introduced tiered pricing where more popular songs would cost more than less popular ones.

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