royalty rates

Apple has threatened that if royalty rates for digital downloads increase, as is likely to happen this week, it might shut down the iTunes store. But analysts say the firm is highly unlikely to follow through on the threat. Apple first made the ... stern warning at least 18 months ago in a written submission to the Copyright Royalty Board but has only just emerged. iTunes vice president Eddy Cue wrote that if the store " were forced to absorb any increase in the mechanical royalty rates, the result would be to significantly increase the likelihood of the store operating at a financial loss -- ... (view more)