10Oct/090
Apple said to be charging $10,000 for iTunes LP production, cutting out indie labels
Sure, it may be tough deciding whether to shell out the extra few bucks for a deluxe iTunes LP or not (okay, maybe not that tough), but it looks like that's nothing compared to what record labels are faced with. While Apple itself of course isn't saying anything official on the matter, Gizmodo spoke with the owner of one indie record label who got a bit of information after inquiring about the possibility of making some iTunes LPs himself. Apparently, not only is Apple not currently making iTunes LPs available to indie labels at all, but it's charging the major labels a hefty $10,000 production fee for each one, which no doubt also means they'll be confined to particularly big sellers unless something big changes.
[Via iLounge]
