Apple on iTunes LP: Indies Welcome, Production Fees Fictional
October 13th, 2009 admin
Last week brought reports that Apple’s much-touted album format, iTunes LP, had serious challenges. Brian McKinney of Chocolate Lab Records claimed that he had been told that Apple was charging a $10,000 production fee for iTunes LP, but it didn’t matter anyway, because the product was only meant to extend to major record labels, anyway. This
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Critics are lambasting Apple over its new iTunes LP format, charging that the company has priced indies out of the game by charging a production fee of $10,000 to develop the interactive titles. Content authors are likely to view the fees as absurdly low, however.
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Apple is planning on releasing the iTunes LP format to major and indie labels alike, according to a statement released to UK site ElectricPig.com. The statement comes after rumors recently hit that Apple was charging some US$10K for the right to make iTunes LP versions of albums, which could explain why there are only 14 or of such titles so far....
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