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Online music service starts price war in Canada







Online music service starts price war in
Canada

Online music service starts price war in
Canada
01/04/2005 12:56 PM

The battle for market share between online music services is heating up in Canada with Puretracks.com recently cutting prices on selected songs by 20 percent. A report in the Financial Post today says Puretracks.com's sale is on specific titles offered by Universal Music, including hot sellers and CDs on the year-end lists of music critics. Albums are being offered at $7.99, with individual songs priced at 79 cents. Apple's iTunes and Napster, which also operates Canadian services, did not respond to calls yesterday, according to the report. Both charge a base price of 99 cents per song and $9.99 an album. Price competition for online music has occurred more regularly in the United States, which also has more companies battling for market share. For example, iTunes charges US99 cents per track, while Wal-Mart Stores Inc. charges US88 cents and Real Networks Inc.'s Rhapsody service charges as little as US79 cents.




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