royalties
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...
Qualcomm Cuts Q3 Forecast as Apple Stops Paying Royalties
Qualcomm has sharply cut its Q3 profit forecast, saying it no longer expects any patent-licensing revenue from the iPhone in the current quarter as a result of its increasingly bitter legal battle with Apple. Notably, Apple doesn't pay Qualcomm royalty payments directly; rather, it pays contract manufacturers who then pay Qualcomm. According to a report...
Apple Proposes Simplified Payouts for Music Streaming Royalties
Apple has built a new proposal to set fixed songwriting royalty rates for music streaming services. The government filing was created in collaboration with the Copyright Royalty Board (CRB) and would set songwriting royalty rates at 9.1 cents per 100 streams. Although the change would simplify a complex royalty system, it would also increase the...
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...
Apple to Revive Lawsuit Against Google Over High Royalties
Apple has asked a US court of appeals to revive its lawsuit against Google’s Motorola Unit claiming that the company asked too much in royalty fees for standard-essential patent licenses, Bloomberg reports. “You’re talking about billions of dollars hanging over the head of Apple,” Apple lawyer Joshua Rosenkranz of Orrick Herrington, told a three-judge panel...