Apple's new streaming music service will not arrive until June 30, but the company has already upset independent record companies because of its proposed licensing terms.
The new service, Apple Music, includes downloads for sale and a $10-a-month subscription streaming feature along the lines of Spotify or Rhapsody. Apple has said that at least 71.5 percent of the revenue from the service will be paid out in royalties, but labels and music publishers will not be paid during a three-month trial - a deal that major record companies have apparently agreed to but one that has proved unpalatable to many smaller ones.
http://m.gadgets.ndtv.com/tv/news/apple-music-streaming-service-terms-dismay-indie-record-companies-704913
The new service, Apple Music, includes downloads for sale and a $10-a-month subscription streaming feature along the lines of Spotify or Rhapsody. Apple has said that at least 71.5 percent of the revenue from the service will be paid out in royalties, but labels and music publishers will not be paid during a three-month trial - a deal that major record companies have apparently agreed to but one that has proved unpalatable to many smaller ones.
http://m.gadgets.ndtv.com/tv/news/apple-music-streaming-service-terms-dismay-indie-record-companies-704913
