A new iTunes service model allows select artists to sell a range of products for one flat price and deliver them throughout a given period of time, Reuters reported.
The iTunes Pass is similar to the Season Pass model implemented in March 2006 for TV show downloads. The iTunes Pass works by essentially creating an album subscription model.
Instead of just releasing a single album, artists are experimenting with upselling higher-priced bundles to loyal fans that they can pay for at the outset, and subsequently letting content trickle out for weeks, months …

The Government is putting the finishing touches to a letter to the Bank endorsing its proposal to embark on this radical policy.
The Bank’s governor, Mervyn King, will be granted approval
by the Treasury within days to create up to £150bn in new money in the coming months to buy up everything from corporate bonds to government debt. It will pave the way for the Bank’s Monetary Policy Committee effectively to “start the presses” at its interest rate setting meeting this Thursday.
The move is the latest stage in the Bank’s efforts to …

During an angry confrontation with a neighbour over a long-running dispute regarding a shared gate she screamed: “Chill out – I’m gonna be dead in a month.”
The row came as the former Big Brother star left her home for the first time since returning from her wedding to Jack Tweed last Sunday.
She had been left exhausted by the ceremony and has spend much of the week since the wedding in bed.
The confrontation took place as she prepared to leave her house in Upshire, Essex, to visit a hospice where she …

BT is wading into the debate about the future of Britain’s commercial broadcasting industry by signalling that it could merge its television subsidiary with Channel 4.
A merger between Channel 4 and BT Vision is being seriously considered as one option for the future funding of the
state-owned broadcaster.
Luke Johnson, the chairman of Channel 4, said he would fully support a merger between BT Vision and Channel 4, saying it offered a “certain logic”. “A combination of Channel 4 and BT Vision is worth exploring,” Mr Johnson said last night.
Mr Johnson is …

HSBC, Europe’s largest bank, will tomorrow announce the closure of its troubled US mortgage lending operation to new business alongside plans to cut its dividend and raise more than £12bn in a deeply-discounted rights issue.
The developments will underline the depth of the international financial crisis and, in the context of HSBC’s substantial operations in Asia, raise questions about the deteriorating health of the global economy.
HSBC, led by Stephen Green, its executive chairman, will say that it is drawing a line under the continuing problems of HFC, the consumer finance operation …