ITunes' repackaging of songs and other downloads made for an interesting
story on British news source The Guardian and other major news sites.
While the majority of downloadable songs will still be sold at 99 cents, a certain number of new hit songs will now be raised to $1.29. Many older catalog songs will now go for 69 cents. In addition, music retailers can now sell songs and albums packaged with videos, ringtones, and the like through iTunes' new, three-tiered pricing system.
This may not be the most exciting story (unless you, like me, know that all your favorite tunes will probably end up in the discount bin), but I find shifts in the online music industry interesting. The Apple brand seems to have helped iTunes survive the rise of illegal download sites, in part due to "exclusive" content. Somehow, the music industry may remain profitable.