In the wee hours of Sunday morning, while much of the entertainment world was still reeling over news of the death of singer Whitney Houston, prices on her album jumped on iTunes. Reports from the UK indicate that her greatest hits album The Ultimate Collection jumped in price from £4.99 to £7.99 at around 4AM PST. We don’t know if this happened in the USA too, but by late Sunday the price had returned to its original point.
For some reason, a number of publications have blamed Apple for the price hike, which shows nothing so much as a truly stupefying lack of understanding as to how iTunes works. Apple doesn’t hold the rights for the music, and doesn’t set the prices — this is Sony’s move, as cash-grabbing and low as it is.