Jun 12, 2003 • 1 min read

iTunes: The story so far

Apple's iTunes requires labels to sign three-year reseller deals with non-exclusive worldwide rights, with 6-7 million copies of the software in use.

iTunes Top-Seller charts only reflect the last 24 hr period.

All labels are getting the same, non-negotiable deal from Apple: which wants three-year reseller agreements to buy material wholesale, with nonexclusive, worldwide distribution rights.

Apple apparently wants to deal with invited labels only - no individual artists.

Suppliers may not sell albums on iTunes without also selling each track as a single, and the album price must be the same or less than the sum of their tracks.

6-7m copies of iTunes are in use.

More than 75% of songs have sold at least once.

45% of all songs have been bought as part of an album.

Exclusive tracks are the best sellers.

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