It’s time to renegotiate contracts. Looks like Apple might be winning its fight to keep a single 99 cent price across all songs, thank goodness.

More details in the story.

APPLE’S NO. 1 HIT By TIM ARANGO - New York Post Online Edition: business

The record industry may be on the verge of waving the white flag in front of Apple boss Steve Jobs, and abandoning its demand for iTunes to charge different prices for different songs, The Post has learned.

Negotiations between Apple and the four major music companies - with which iTunes deals all expire in the next two months - have reached a crucial point as several record executives now say they are unlikely to convince Jobs to allow variable pricing, sources said.

Technorati Tags: Apple, iTunes

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