As promised, variable pricing has now been implemented at the iTunes music store. Already, we're seeing most of the top 10 singles and 33 of the top 100 hitting the top price-point of $1.29 (encoded as DRM-free 256kbps AAC). Interesting as Amazon's uncomfortably similar top 10 list has all these tracks priced at $0.99 (encoded as DRM-free 256kbps VBR MP3). A handful of tracks (nine in the top 100) do hit the higher $1.29 price further down Amazon's list. Now, if you believe Steve (someone who originally postured against this price structure), then it appears that the music labels are charging Apple more for the rights to sell its music than Amazon based on this quote attributed to Jobs in the Apple press release from January:
in April, based on what the music labels charge Apple, songs on iTunes will be available at one of three price points-69 cents, 99 cents and $1.29-with many more songs priced at 69 cents than $1.29.Regardless, we know where we'll be purchasing our Miley Cyrus from now on.
Read -- January "Changes Coming to the iTunes Store" press release
Read -- iTunes top songs [Warning: iTunes App link]
Read -- Amazon top songs