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Rumor: Apple Considering An Unlimited Music Subscription Option For iTunes?

itunes unlimited music
Several other blogs have picked up on the Financial Times story today that Apple is talks with the major labels in offering an all-you-can-eat music consumption option for iPod/iPhone users through iTunes.

I was actually just wondering about this earlier in the morning as I read Tycho’s latest Penny-Arcade post. It isn’t the best solution for the music-savvy since it most certainly would involve DRM and less than optimal encoding/bitrates. HOWEVER, there are just so many iPod/iTunes users out there that even a DRM hobbled unlimited music subscription model HAS to stick with a significant number of people, right?

Past research and consumer data has “shown” that subscription models have not resonated well with the public. But what if that’s just due to a small userbase? Keep in mind, only Windows Media devices currently have access to subscription music. Who knows how the general iPod owning public would respond to such an offer?

My money’s on it being a raging success.

Read the Financial Times article (warning: requires registration) [ft.com]