New iTunes updates might bring unlimited music subscriptions?

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It’s odd. Steve Jobs has said “no” to the idea of iTunes music subscriptions time and time again, but the rumors never die.

Now the Financial Times is reporting the wheels are again turning to grant all-you-can-download music for a monthly subscription to users. There would be a likely premium on hardware or a start-up cost, but with groups like the Zune Marketplace and Rhapsody siphoning off iTunes would-bes, it’s the next logical step for Apple.

But it’s not for all users. Many want to buy their songs and actually own them. Mixing the two markets might make things confusing.

Which are you, gentle readers, subscription-minded or ownership-minded?

Apple mulls unlimited music bundle [Financial Times]