Apple threatens iTunes closure

According to Pocket-Lint, "Apple has threatened to close iTunes rather than pay out more in royalty costs.

"The US Copyright Board will rule this week on a decision to increase in the royalty on digital sales from 9 to 15 cents per track, as per the Music Publishers' Association's claim.

But, the head of Apple's Internet Services division, Eddy Cue, said Apple will not cover the extra 6 cents. "

emily | 4:37 PM | News, Buzz |
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