Read this news flash carefully: What does this mean for the future of online legal downloads of music?
"NEW YORK (Reuters) - Apple Inc is in talks with major music companies to offer customers free access to its entire iTunes music library in exchange for paying a premium for its iPods and iPhones, the Financial Times said.
Citing people familiar with the talks, the paper said the negotiations hinged on a dispute over the price Apple would be willing to pay for access to the labels' libraries.
One industry executive said research showed consumers would pay a premium of up to $100 for unlimited access to music for the lifetime of a device, or a monthly fee of $7-$8 for a subscription model.
Apple was not immediately available for comment."
Does this mean that, if you pay an one time fix fee when you buy a new iPod, a fee that Apple will return to the labels, then you'll be able to download any song from iTunes to your heart's desire, without paying any more dues? Can you believe this? How is this gonna work for new titles? Microsoft is already paying a buck back to the labels for every Zune sold but this is not the same with what the article above touches upon, right? I mean, if the article proves true, then, WOW!