Be careful what you wish for because you might just get another major label’s catalog.
eMusic, the independent music lovers’ independent digital music site, is well, no longer that independent. As of November, it will now have music from the world’s number one music company Universal Music, adding more than 250,000 tracks to eMusic’s catalog bringing it to 10 million.
But with the big dog joining the pound eMusic has had to adjust its monthly subscription model. It will no longer offer a fixed number of song credits and will instead switch to good-old fashioned dollar and cents pricing for individual songs. For example right now a starter package of $11.99 will get you 24 song credits a month but going forward $11.99 a month will get you as many songs as $11.99 will buy. eMusic argues that their price points are on average 20 percent to 50 percent cheaper than iTunes or Amazon MP3 store which means many of their songs are around the 50 cent-mark.
This is an excerpt from the notice eMusic US subscribers got when they logged in today: “New pricing in a nutshell”
“Under the new currency pricing system, eMusic members will enjoy savings of 20%-50% compared to iTunes a la carte prices. The majority of albums on eMusic will be priced from $5.19 – $8.99. Single track pricing for members will vary as follows: