Amazon Cuts Cost of Hit Songs to 69 Cents

Amazon has lowered its prices for music to just 69 cents per track. The fact that Amazon sells DRM-free music at half the price iTunes does, I don't know why they aren't kicking Cupertino's ass right now. Thanks to TheWeazmeister for the heads up.

Amazon.com, which is a distant No. 2 to Apple Inc. as a retailer of downloadable music, has upped the ante or, rather, lowered its prices to compete with iTunes. The Seattle online company is now pricing select top-selling tunes for 69 cents, down from 89 cents previously.

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