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Record labels wary of Apple’s music dominance

According to The Independent, record labels in Europe are dragging their feet in licensing songs to Apple because they fear the success of a Euro iTunes Music Store could dictate which artists succeed or fail by deciding which to promote more. “The big fear is that Apple will become like an online MTV — where the record labels gave away their content, in the form of videos, without getting control of it,” a source familiar with the issues said. “The older record executives don’t want that again, where they’re over a barrel with one big provider.”

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