International Music Market Events

  • iTunes Store Opened

    iTunes store first opened as the iTunes Music Store.
  • Universal Lower Wholesale CD Prices

    Universal Music Group (UMG) announce that they are lowering the wholesale pricing on nearly all top line CDs and instituting a $12.98 Manufacturer Suggested Retail Price in the U.S.
  • iTunes 30% Price Increase

    The iTunes Store increase the price of hit singles by 33%, from 99 cents to $1.29
  • iTunes Make 1/4 Of All Music Sales

    Apple's iTunes was found to make up a quarter of all music sales in the U.S.
  • Universal Music Group Price Cut

    Universal Music Group (UMG) annouce plans to decrease the prices of almost all CDs to between $US6 and $US10