“Here’s the complete, non-negotiable contract Apple has been mailing independent labels and artists ahead of the iTunes Radio launch,” Paul Resnikoff reports for Digital Music News.
“It offers complete details on iTunes Store payouts, iTunes Radio per-play rates, and seems to confirm earlier information about forced tying between the iTunes Store and iTunes Radio,” Resnikoff reports. “It even delves into specifics about what iTunes Radio will look like.”
Read the full contract here.
MacDailyNews Take: Apple is offering very generous terms along with exposure on the world’s #1 music store and soon-to-be the world’s #1 music-streaming service.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]