Record Labels
Apple Seeks to Lower Royalties with Record Labels for Apple Music, iTunes Content
According to a new report from Bloomberg, Apple is in negotiations to reduce the royalties it pays for content on Apple Music and iTunes. The report notes that Apple's current deals with record labels are set to expire at the end of June. However, that rather than being a hard expiration date, associated parties will...
EU Finds No Evidence That Apple Conspired With Record Labels to End Freemium Music
According to a new report from Reuters, the European Commission has failed to find evidence that Apple conspired with record labels to put a stop to free music streaming services. The commission spoke with multiple digital music services and record labels, but was not able to find any evidence or illegal activity, putting an end...
Apple Music Licensing Deals Allow Apple to Add Additional Beats Radio Stations at Anytime
According to a new report from The Verge, Apple’s licensing terms with record labels give the company permission to create up to five additional radio stations like Beats 1. Without needing to negotiate new terms, Apple could potentially launch additional Beats radio stations around the world, adding DJs in other countries or launching stations with...
Apple Paying 0.2 Cents for Each Song Streamed During Apple Music Free Trial Period
According to a new report from The New York Times, Apple will pay record labels 0.2 cents for each song streamed during the three-month free trial of Apple Music. In addition, record labels will reportedly get an additional 0.047 cents per stream for song rights. The pay is similar to what Spotify pays out for...