“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.]
Holy mothership someone’s going to get a high jump for leaking this.
I hope the DOJ won’t file an anitrust law suit!
iTunes Radio is a big deal. If it is done right then it will cause a big surge in song purchases. I, for one, want to be able to buy a song straightaway without having to sign-in each time. Pandora is too complicated and you are less likely to buy as a result.
How is this considered leaking? If these contracts are being mailed out to music labels and artists, Apple can’t expect no one to post them online.
Since I don’t like most new crap, aka today’s music, it better be free to listen to or I’ll never hear it.
Eliminate the middle man, that’s what I would like to see happen. With digital music, the artists do not need the music labels nor the distributors. Sell your music just like apps on the App Store, let the artists set the price and give Apple a standard cut.
This would break down the enormous barriers for an artist to gain entry to the business and provide the rest of us with even more great music.
Can we get a police investigation into who leaked this and put them behind bars? This is corporate secrets important for business.