A day after Napster launches free service, iTunes stays at 99 cents

In a show of might against the major record comapnies, iTunes today smacked down any chance of the “variable pricing” plans that the labels had wanted to pursue.

It comes only a day after the once-mighty Napster sought to reinvent itself based on a free, ad-supported listening model – one which doesn’t seem likely to succeed. Why doesn’t Napster‘s model seem likely to succeed?

Let see… Um: Music, paid for by advertising suport? There has to be a name for that. What’s it called again? Oh, yes. “Radio.” And terrestrial radio is doing about as well the record companies of late.