Apple loses Michael Jackson's new album?
Insistence on single-song downloads may kill deal, reports say
Michael Jackson's upcoming new album, "This is It," will undoubtedly be a smash. But Apple (AAPL), the No. 1 music store in the country, may miss out on the whole thing.
Apple's iTunes store won't be offering downloads from the album, reports Digital Music News, citing confidential information it received.
The double-disc album releases on Oct. 26 worldwide, and Oct. 27 in North America. Michael Jackson's albums soared to the top of the charts after his death earlier this year, and it's safe to assume Apple would jump at the chance to offer "This is It."
So what happened?
Sony Music Entertainment and the Jackson estate only want to offer
full-album downloads, reports Digital Music News. Apple insists on
selling single song downloads in addition to full albums.
Now, Amazon's (AMZN) MP3 store will get the exclusive, Digital Music News reports. That's quite the score for Amazon, which is gaining ground on Apple but has been unable to shake iTunes' dominance.
Apple usually wins these conflicts, reports Peter Kafka at MediaMemo. He recalls that the group Radiohead initially balked at single-song downloads, but eventually gave in to Apple.
MORE ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Try as the bears might, they couldn't break US stocks. But investors still face frothy prices and considerable headwinds.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.