Apple's iTunes music store plans to hike prices of hit songs and some classic tracks on April 7, according to the Los Angeles Times.
Prices of the selected songs will go up to $1.29 from 99 cents, a 30 percent boost.
"Apple has been notifying record lables it will go into effect on [April 7]," according to the Times.
The Times further reports: "The move, part of a new 'variable-pricing' strategy that will also lower the price of selected songs, is an attempt by the music industry to wring more revenue from digital downloads in the battle to offset declining CD sales. Label executives contend the new pricing will allow them to offer packaged downloads of songs that might entice consumers to spend more on music.
"Some music industry veterans are criticizing the 30% hike price, saying the timing is tone deaf because it comes in the midst of a recession and at a time when spending for online music appears to have reached a plateau."
Wow. First swishers, and now the price of music's goin up, too.
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