“ True to supply-and-demand economics, the price of music downloads will be geared to the artist’s popularity. Releases from new artists would receive the lower pricing, while tracks from popular acts would get slapped with the higher rate.”
The LA Times fails to note that the supply part of “supply-and-demand” economics goes out the window when you’re dealing with digital distribution. Really it’s more like “monopolize the market and demand” economics. Nice reporting there guys. If papers go under I’ll just turn to PR reports if I’m feeling nostalgic. (Via Hottest tracks to cost $1.29 at iTunes - Los Angeles Times)
Source: Los Angeles Times
