Update On Universal vs. iTunes Battle

"We are still negotiating with Universal," an Apple spokesman told the SF Chronicle. "Their music is still on iTunes and their not re-signing is just not true."

But Peter Lofrumento, a Universal senior VP, however, emphatically denied that Universal was no longer renegotiating its iTunes contract. "UMG has decided not to renew its long-term agreement with Apple’s iTunes service. UMG will now market its music to iTunes in an at-will capacity, as it does with its other retail partners." He acknowledged that negotiations could resume at a later date. (more)