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|Money can't buy you love on iTunes|
[Posted by Dave Haber on Friday, 08/29/08 7:33 pm] [Full Blog] [Tweet] [Facebook]
According to The Wall Street Journal, it's possible that The Beatles make more money from selling albums than selling individual tracks online, even though that's what consumers seem to prefer. iTunes policy prevents record labels and artists from selling an album only instead of individual tracks, something that Amazon's download service does allow.
Among the six best-selling catalog artists, the act that sold the most individual songs digitally, the Rolling Stones, sold the fewest albums, digital or physical. The Stones' six million single tracks sold may seem impressive, but they represent low-cost, low-profit transactions.
However, while CD sales decline, AC/DC, not on iTunes, has consistently sold more than one million CDs in the US, year after year, and only the Beatles have sold more "catalog" albums in the US than AC/DC, also without licensing their music to iTunes.
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