Paul Bonanos today breaks out some information on the background of the iTunes LP story. From his Apple sources, it sounds like Apple made a concession to the labels to build iTunesLP to get DRM-free music.
I’m told by an industry source who preferred to remain anonymous that iTunes LP wasn’t Apple’s idea in the first place. Rather, it’s the result of the same renegotiations between Apple and the major record labels that yielded DRM-free songs and flexible pricing early last year, a
