Honeymoon Over for Apple and Music Industry?

Last week, Apple CEO Steve Jobs suggested that the record industry was getting greedy because they were looking at variable pricing for new releases.

"If they want to raise the prices it just means they're getting a little greedy," said Jobs.

Warner Music Group CEO Edgar Bronfman Jr. responded that the price of downloaded songs should vary depending on the popularity of the songs and the artists. He called Apple’s across-the-board $0.99-per-song charge unfair.

"There’s no content that I know of that does not have variable pricing. We want, and will insist upon having, variable pricing," said Bronfman. "To have only one price point is not fair to our artists, and I dare say not appropriate to consumers. The market should decide, not a single retailer."

Source: Red Herring