UMG Kills Contract With iTunes Store

JBFRobisher

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Universal Music Group (UMG) has dealt a serious blow to Apple's music ambitions by refusing to renew its contract with the iTunes Store.

The New York Times reports that the decision not to continue the annual contract was made by UMG executives last week.

It appears likely that Universal's repertory will disappear from the online store, unless the two parties can reach a new agreement. Embarrassingly for Apple, the removal of its catalogue will mean the loss of Apple poster child U2.

http://www.theregister.co.uk/2007/07/02/universal_snubs_apple/
 
Universal are obviously trying to get a better deal out of Apple. At the end of the day they will swallow their pride and take the deal Apple offers them.
 
Thats what I think,

Its also about time these labels realise they aren't the all-powerful beings they may once have been.
 
They wonder why people pirate their music when it seems like they dont even want to sell it anymore.
 
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