Feeds

Labels to get, count them, 0.13 cents per play on Apple iRadio

If the entire human race plays a tune, it makes ... $11m

Combat fraud and increase customer satisfaction

Apple has begun telling music labels exactly how much money they can expect to earn from their new iRadio service - and it ain't gonna be very much.

The fruity firm will hand over just 0.13 cents per play, along with 15% of their advertising revenue, according to reports. If the record label manages to survive a year on those kind of wages, Apple will whack up the payment to a mammoth 0.14 cents per listen, with 19% of ad revenue on top.

As stingy as this sounds, it's still a good 0.01 of a cent better than rival Pandora's deal, which pays labels just 0.12 cents and about half as much royalties.

Any artist whose tunes get the Apple seal of approval and has their tune named a "Heat Seeker" will receive special promotion, but no payment.

Likewise, if someone has already bought a track and then plays it on iRadio, Apple won't give them a cent.

Pandora seems unfazed by Apple's new radio station, which offers a remarkably similar streaming music service. Both will allow music lovers to listen to a series of songs punctuated by adverts. However, with iRadio incorporated directly into Apple's iEcosystem, fanbois may well start to desert Pandora.

Nonetheless, the incumbent streamer firm is still confident about its chances, claiming the two services are quite different.

“It’s apples and oranges,” Pandora founder Tim Westergren said.

The iRadio licensing document sent to labels also refers to the use of songs in talk, sports and weather programming, perhaps as background music or as jingles. Apple has not said whether it will actually bring out its own radio station, beamed live from Cupertino.

Although Apple's iTunes is widely credited as more or less saving the ailing music industry by being one of the first to get customers to pay for digital music, artists are receiving less and less money for their work.

Pink Floyd - who've made a bob or two - recently slammed Pandora for trying to lobby Congress to pass a law allowing them to pay even lower royalties to artists.

The prog-rockers linked to our article on the proposed bill, which found the bill would cut payments to artists by 85 percent. ®

3 Big data security analytics techniques

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.