Apple: There's No $10,000 iTunes LP Charge

Following up on allegations made by an indie label that Apple charges $10,000 for an iTunes LP and wouldn't even allow indie labels access to the program, an iTunes spokesperson responded to Music Week with the following statement:

“There is no production fee charged by Apple. We're releasing the open specs for iTunes LP soon, allowing both major and indie labels to create their own.”

Fake crisis averted?

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.