"Music fans may have to start shelling out more to download some of the most popular songs on Apple's iTunes digital music service," according to the New York Post. "Under the terms of some of the deals, the prices for some of the most popular singles could rise to $1.25, according to sources familiar with the negotiations. Songs have previously been priced at 99 cents across the board."
The Register has picked up the story under the headline: Major labels 'force 70% price hike' on Apple. This is based on a para that says: "Album prices are going up to. Many are likely to continue to be offered for $9.99, but some are appearing in the ITMS for $16.99, a rise of 70 per cent."
Update
"Apple Computer Inc on Friday flatly denied a report that the computer maker was planning to raise prices for songs bought on its popular iTunes online music store," reports Reuters. "These rumors aren't true," said Apple spokeswoman Natalie Sequeira. "We have multiyear agreements with the labels and our prices remain 99 cents a track."
