Apple's iTunes has re-signed contracts with all the major record labels and successfully held the line on the simple, $.99 per track pricing structure for its downloads store.
"The deals are a victory for the Apple chief executive, Steve Jobs, who has been fighting music companies' attempts to change prices and to charge more for some songs. The Warner chief executive, Edgar Bronfman Jr., said last September that demand should dictate prices. Jobs said that some record companies were being 'greedy' and that higher music prices might prompt users to illegally download songs. "
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