Report: Apple deal with record labels imminent
Apple will allegedly make it easy for listeners to easily purchase a song they hear through iTunes which will boost downloads and drive revenue to the labels. Another way for the record companies to profit would be to cut them in to a share of the proceeds that Apple will receive from audio ads that Apple will be running on the service.
The sources say that the negotiations are not solid and could fall apart at any time. One tipster says that the only sure money for the record labels is the per-play rate. There is no guarantee that Apple will be able to secure ads and it is unknown whether people will buy the songs from iTunes that they hear from the streaming radio service. If the labels agree to the 6 cents deal from Apple, they are taking a risk that the other revenue streams fail to deliver any revenue at all. Still, there is a good chance that everything falls into place and the streaming service debuts this summer.
1. biophone (Posts: 1884; Member since: 15 Jun 2011)
Interesting. Is apple going to charge for this? You know if so its going to be expensive coming from apple. While pandora is still free for mobile. I'm interested into hearing more but pandora is already pretty good.
2. Hemlocke (unregistered)
Doubtful. Apple gets you when you buy. That is their business model. Google gets you when they sell your identity into advertising indentured servitude. That's their model.
4. tedkord (Posts: 3908; Member since: 17 Jun 2009)
Ha. No, Apple doesn't sell your info. Nope. Not at all. No data collected.
What color is the sky in your world?
5. Hemlocke (unregistered)
Yes, because we have all seen how many times Apple has been penalized by governments and sued by individuals over their shady privacy practices.
6. biophone (Posts: 1884; Member since: 15 Jun 2011)
Apple has never given out free music before. They always charged for itunes. If they are paying for the music I don't think they will just pass it along for free.
13. maier9900 (Posts: 257; Member since: 17 Dec 2011)
Pandora is free for mobile and desktop... i mean free eveywhere!!
15. biophone (Posts: 1884; Member since: 15 Jun 2011)
Desktop is limited now though or soon to be
3. Xolar (Posts: 57; Member since: 02 Apr 2013)
hooray! bring more innovations Apple!
beat the s**t out of the other companies!
7. xperiaDROID (Posts: 4812; Member since: 08 Mar 2013)
Oh wait, Tim Cook is still smiling......... :D
8. Hemlocke (unregistered)
Why wouldn't he be smiling? iOS keeps grabbing smartphone market share and profit, while Android has continued to decline since early 2012.
11. xperiaDROID (Posts: 4812; Member since: 08 Mar 2013)
Yup, and Android needs to keep it up!
9. jcpwn2004 (Posts: 314; Member since: 18 Jan 2012)
what a surprise, apple nickle and diming all the profit they can. I wish the record labels would just tell them to screw off.
12. Timmehor (Posts: 599; Member since: 09 Mar 2013)
Because those record labels are dealing with one of the largest technology companies in the world, who wouldn't turn that down?!
10. sprockkets (Posts: 936; Member since: 16 Jan 2012)
Make it easier to buy the music? Isn't it already linked as it is to itunes and amazon in pandora?
17. InspectorGadget80 (Posts: 5634; Member since: 26 Mar 2011)
And you cant keep the songs u purchase