Music download sites prices likely to rise

According to The Register, downloadable music tracks prices may be going up.

“Several big labels are in talks with online music retailers to get them to increase prices,according to the FT. The labels are looking to increase the wholesale prices shops pay for tracks. Sites in the US typically sell tracks for 99 cents each. The wholesale price is currently 65 cents per track, according to the FT.”

If they jack the price per track by even $0.10, then that is another $1.00 or more per full album. The price rise could even be larger than that though. It’s noted in the article a possibility of allowing music companies to charge variably per track.. more popular the track, the more it would cost. Check out the article at The Register.