"Overnight you were turning the music industry from a fourteen billion industry to a one billion industry without a royalty," says Cohen. "There was no percentage, no royalty. It was a flat payment. Here's a billion dollars, get out of our way. So everybody said no" (Digital Music News)

Apple is rumoured to be planning a new offering called iTunes Replay that will allow customers to re-download and stream content (movies and TV shows for now and no ...