News: iTunes LP failing to boost album sales

Article By: iLounge | All Things iPod, iPhone, iTunes and beyond

Apple’s relatively new iTunes LP digital album format wasn’t originally proposed by the company, and has yet to significantly boost album sales, according to a new report. Citing anonymous industry sources, GigaOM reports that the format was in fact a result of the same negotiations between Apple and the major music labels that led to DRM-free songs and flexible pricing on the iTunes Store; a “concession” from Apple to make…