Fight Between Apple and Spotify Could Change Digital Music; Labels Said to Reject Pricing Below $9.99

Negotiatons for Apple’s upcoming subscription service are evidence labels are standing firm on pricing. Industry sources say Apple has backed down from its effort to lower monthly pricing for its subscription service to $7.99 from $9.99. Apple would have to absorb the loss if it sets a price lower than the standard $9.99.

via Fight Between Apple and Spotify Could Change Digital Music; Labels Said to Reject Pricing Below $9.99 | Billboard.