Music industry deathwatch: Universal severs ties with iTunes
The music industry's slow march toward self-destruction continues with The Universal Music Group of Vivendi—the world's largest music company—deciding not to renew its contract to sell music through iTunes. The move is meant to check Apple's near-monopolistic power in the digital music biz, though it could cost Universal 15 percent of its sales. In other news, terminators were sent from the future today to hunt down and destroy the heads of Universal in order to prevent the impending industry apocalypse.
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