Real slashes Music Prices
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RealNetworks has slashed the price for downloading music taking the online music market competition a step further.
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Variable pricing has a big impact on music sales at Apple.
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The European Commission ended its&#160;antitrust investigation into Apple&#160;after the company agreed to reduce the price of music downloads from its iTunes Web site in the U.K., the European Union&#39;s antitrust regulator said Wednesday.Apple said that within six months it will lower the prices it charges for music on its U.K. iTunes Store to match its&#160;already standardized pricing across Europe&#160;in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Sweden, Switzerland, and SpainUntil now iTunes has been more expensive in the U.K., where the currency remains the British pound, than in the countries that have adopted the euro, as well as compared to Denmark and Sweden which tie their currencies closely to the euro, and also more expensive than in Switzerland, which isn&#39;t even in the European Union.The European Commission welcomed Apple&#39;s plan to equalize prices for downloads of songs from the store in Europe.&quot;The Commission is very much in favor of solutions which allow consumers to benefit from a truly Single Market for music downloads,&quot; competition commissioner Neelie Kroes said in a statement.For Apple, &quot;This is an important step towards a pan-European marketplace for music,&quot; said Steve Jobs, the company&#39;s &#39;s CEO. &quot;We hope every major record label will take a pan-European view of pricing.&quot;Apple blames the record labels for charging more to distribute their music in the U.K. than in other countries in Europe, and threatened to drop any record label from the iTunes portal if they didn&#39;t cut their U.K. prices.&quot;Apple will reconsider its continuing relationship in the U.K. with any record label that does not lower its wholesale prices in the U.K. to the pan-European level within six months,&quot; the company warned.
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A major restructuring process has pulled this respected audio company into penny land.
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It has finally come to this: labels are simply giving their music away.
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Digital music battle continues, as Real undercuts ITunes' prices.
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NEW YORK - This is how serious the competition for digital music customers has become: RealNetworks will widen its losses in the hope of upgrading users to its premium subscription service.
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RealNetworks says it sold more than three million tracks thanks to an aggressive three-week price promotion in the US. The company halved the cost of tracks to 49 cents in mid-August to try to tempt consumers away from Apple&#39;s iTunes music store.
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Decline in cost of new drive is chalked up to the drastic pricing reduction experienced by the flash industry.
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RealNetworks on Tuesday started a promotion that halves the price of its digital music offerings as part of a strategy to force its way onto Apple Computer&#39;s popular iPod digital music player.
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MacCentral - RealNetworks will tout its new Windows-only Harmony technology, which allows files from its music store to be played on Apple's iPod, in a series of print, radio and online advertising, the company said in a statement on Tuesday. In addition, Real will hold what it calls the biggest music sale in history selling songs for US&#36;0.49 and albums for &#36;4.99.
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RealNetworks announced that it has sold 1 million songs in the week since beginning its half-price music promotion. Real dropped song pricing to 49-cents from 99-cents, in part to highlight its Harmony technology, which allows purchased songs to be played on over 70 digital media players including Apple's iPod. But Apple has chastised Real for what it calls "tactics and ethics of a hacker," and says future iPod software updates will likely break compatibility with Harmony.
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Pump prices are to fall by as much as 3.5p a litre as several major retailers follow Morrisons and cut prices.
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The Number Two online music retailer reports record downloads to close out 2007.
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RealNetworks Inc. (RNWK) is ending a temporary promotion that slashed the price of its downloadable songs to 49 cents, but bargain hunters will still be able to find some deals at its online music store...
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Electronic Arts cuts prices on key sports titles, showing some vulnerability.
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Real Madrid paid the price for their midweek Champions League exertions as they slipped to a 1-0 defeat at home to Deportivo Coruna in the Primera Liga on Sunday.