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Les Ottolenghi, CEO of INTENT MediaWorks, a digital distribution system that works with peer-to-peer networks, told CNNMoney that heâ€™s had meetings with people from Apple. He believes the company will announce a subscription service for iTunes within the next six months.
"I think Apple is seriously considering a subscription offering right now even though they will probably tell you otherwise,â€ he said. Spokespeople for Apple weren't available for comment.
However, as CNNMoney notes, it appears that Apple has made the right decision to ignore the subscription model. Rival online music stores, such as Napster, RealNetworksâ€™ Rhapsody and Yahooâ€™s Y! Music Unlimited, that offer monthly subscriptions have failed to attract a lot of interest. See our [url=http://www.macsimumnews.com/index.php/archive/face_it_consumers_dont_want_to_rent_music_or_subscribe_to_it]March 17[/url] editorial for some more thoughts on this matter.