New York (July 26, 2004)–Apple has signed on three major indie labels for its European edition of iTunes Music Store, which allows users to legally download music from the internet for use on Mac and PC computers, as well as on iPods. When the European version first debuted, the launch’s success was muted by the fact that no major independent labels signed on with the service, stating that they found Apple’s proposed agreement too restrictive.
This week, Beggars Group, Sanctuary Records Group and V2 signed on with Apple, making tens of thousands of additional independent tracks now legally downloadable in the UK, France and Germany. Steve Jobs, Apple’s CEO, said in a statement that the company hopes “to add many more independent labels soon.”
“Apple has revolutionized the music industry, and iTunes and iPod are changing the listening habits of music fans at an incredible pace,” said Martin Mills, chairman of Beggars Group. “In the U.S., some of our key individual tracks are selling in quantities that have been inconceivable for years. We’re delighted that we and other independent music labels are now joining iTunes in Europe.”
The iTunes Music Store in the U.S., UK, France and Germany offers a music library of more than 700,000 songs in each country. Pricing per song has been established at euro 0.99 and pounds Sterling 0.79