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  Music biz waves axe at goose that laid golden egg
Time: 00:00 EST/05:00 GMT | News Source: The Register | Posted By: Erick Cordero

The maths just do not add up. The ungrateful record labels that were so desperate to beat piracy, but which overpriced all their own efforts at online music, are now working behind the scenes to drive up the price of music on Apple iTunes. It is a mistake and it will backfire; and judging by statements that are coming out of Apple, the people at Apple know it and are resisting it as best they can.

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