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Filed under: iTunes

iTunes pricing unified across UK & European stores

As Erica previewed earlier, the expected cash register reconciliation between the iTunes UK store and the other European stores is officially in the works, press release below. Interesting to note that Apple is throwing down the gauntlet with the labels on UK vs. Eurozone wholesale music pricing, so that we might see some subtractions from the UK store if the labels don't jump in line.

LONDON-January 9, 2008-Apple® today announced that within six months it will lower the prices it charges for music on its UK iTunes® Store to match the already standardised pricing on iTunes across Europe in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Sweden, Switzerland and Spain. Apple currently must pay some record labels more to distribute their music in the UK than it pays them to distribute the same music elsewhere in Europe. Apple will reconsider its continuing relationship in the UK with any record label that does not lower its wholesale prices in the UK to the pan-European level within six months.

"This is an important step towards a pan-European marketplace for music," said Steve Jobs, Apple's CEO. "We hope every major record label will take a pan-European view of pricing."


Full release here.

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