Geek & Mild by Sean Sperte

Music Labels See Slower iTunes Sales Growth in Wake of Price Increases. Gee, I bet no one saw that coming.

According to the report, Warner CEO Edgar Bronfman, Jr. claims that the pricing increase has been a “net positive” for the company […] but acknowledges that raising music prices 30% during a recession may not have been a smart move.

Think of all the “net positive” they could have had if they’d kept the prices the same and removed DRM.