The largest seller of digital music in the United States will not be raising its prices any time soon.
Apple Computer Monday announced it had renewed its contracts with the four largest recording labels, which will keep the cost of a single download at its iTunes Music Store at 99 cents apiece, MTV.com reported.
Universal, Warner Music, EMI and Sony BMG had been holding out for a variable pricing method -- charging more for new songs and less for older ones, MTV.com said.
About 80 percent of U.S. music downloaders get their songs from iTunes.
© Copyright 2006 by United Press International
