Album price 'should drop to £1'

The price of music albums should be slashed to around £1, a former major record label boss has suggested.
Rob Dickins, who ran Warner Music in the UK for 15 years, said "radically" lowering prices would help beat piracy and lead to a rapid sales rise.
Mr Dickins was in charge of the label from 1983-98, working with acts like Madonna, REM and Simply Red.
But his "revolution" in album prices has

Google Needs To Decide Which Side Of The Music Industry Fence It Is On

Yesterday saw an interesting coincidence of stories hit the wires: on the European side of the Atlantic, the BPI, Britain's biggest recording-industry association, announced it had sent a cease-and-desist notice to Google (NSDQ: GOOG) with regard to links to copyright-infringed music files. Meanwhile, in the U.S., the Wall Street Journal reported on (further) rumours that Google was planning on

iTunes Preps for 10 Billionth Download With Contest, Comp

In January 2009 at a MacWorld conference, Apple revealed that six billion songs had been downloaded on iTunes. In July 2009, that figure reached eight billion, and as Apple's industry-leading digital music service nears another major milestone, iTunes is holding a "Countdown to 10 Billion Songs" contest, with the customer who downloads that 10 billionth track set to receive a $10,000