Saturday, October 9, 2010

New Apple music subscription rumor pegs price at $10/month

Just because Apple didn't announce a music streaming service at its September media event, it doesn't mean the rumors are dead yet. The New York Post—which has a checkered history with rumors—claims that Apple is still in talks with music labels to roll out a monthly subscription service, citing unnamed music industry sources.
The number being tossed around is $10 to $15 per month for the streaming subscription, though a number of details are still left in the air, such as how much music users would be able to access in a month, and for how long. If Apple followed the same model as other subscription services out there, the answers to those questions would be "unlimited" and "until the subscription is canceled." There's no guarantee it will play out that way, though, as Apple likes to do its own thing.