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7 Apr
iPhone maker Apple is reportedly in discussions with music companies about a radical move that would allow iPhone users to get free access to its entire iTunes music library as a bundle to their monthly subscription.
While no one from Apple would confirm the plan, executives said the free music access is currently stalled due to the amount Apple is offering to music labels. Sources said music labels are tilting to Nokia due to the phone maker’s offer of $80 per handset as compared to Apple’s $20 per handset offer.
The plan of Apple came after several researches showed that owners of mobile phone and other audio devices are willing to pay a premium of up to $100 in exchange of unlimited access to music for the lifetime of the device.
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