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EMI, Apple Are Announcing Sale Of Non-DRM Music for $1.29/song

April 2nd, 2007 at 7:51 am

The surprise press conference in London today with today EMI CEO Eric Nicoli and Apple CEO Steve Jobs just started a few minutes ago (1 pm London time). As expected, the two companies are offering the availability of EMI’s digital catalog DRM-free on iTunes.

We’re listening to the press call via a live webcast. A PDF was also distributed with the slides below.

Our raw notes from the press call:

EMI will offer all songs from its digital catalog without DRM. iTunes is first partner. Songs will be encoded at 256k and sold at $1.29 per song, $0.30 more per song than the current price. These will be offered along side the existing lower quality, DRM tracks, and consumers can choose.

Entire album purchases will stay at the same price, but have the higher audio quality and will be DRM free.

EMI music videos will be available DRM free with no change in price.

Customers who purchased tracks previously can upgrade to DRM free tracks for $0.30 per track.

Jobs says they are trying to do similar deals with other labels, and expects that 50% of all of their tracks sold will be DRM free by end of year.

Steve Jobs says that they are offering people nothing more than what they get when they buy a cd directly and rip it.

Press release is here.

Slides From Press Call:





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