Jari Ketola
13 Jul 2004 4:23
According to The Times Apple Computer and independent record labels may might strike a deal as early as today, which would put artists such as White Stripes and Basement Jaxx available via the iTunes music store.
Last month the Association of Independent Music, which represents almost a thousand British indie labels, recommended its members not to sign a deal offered by Apple, because it would have locked them into a long term contract at fixed prices. Apple is now expected to offer a contract that is more in the lines of their contracts with the bigger record companies.
The independent labels represent over a quarter of the total album sales in Europe, so getting them onboard is quite essential for iTunes.
Source: The Times online