News > Apple Talks Tough, Threatens To Close iTunes If Royalty Rate Rises

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posted by Rolling Stones on Wednesday, October 1st, 2008 at 11:15 AM

A ruling by the Copyright Royalty Board tomorrow could spell trouble for Apple’s iTunes. The National Music Publisher’s Association has asked for a 66 percent increase on the royalty rate paid out on the sales of digital music — from nine cents per track to 15 cents. In a statement submitted to the board last [...]

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