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Interesting read in NY Times about Apple’s ITMS and Music Labels

Sorry it’s in the cookies heavy NT Times website, but it is interesting reading:

http://www.nytimes.com/2009/02/02/business/media/02apple.html

My favorite bit is the very last line:

    ‘Mr. Card of Forrester, however, has a different take. “If it weren’t for Apple, God knows how bad the music industry would be,” he said.’

I’d no idea what ratios the money was being divided up before reading this, it is interesting.
I wonder how Apple’s ~30% take compares to major music retailers (Walmart, Target, Best Buy, Tower).

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