Indie Labels Aren’t Keen on Apple Music
Some indie labels including Beggars Group (Adele, Thom Yorke) haven’t reached an agreement with Apple Music, which will debut June 30.
Beggars Group yesterday (June 17) released a statement outlining its problems with the upcoming streaming service.
Apple is set to launch with a three-month trial period for users, during which it will not be paying rights holders. This could be particularly detrimental to earning money from new music released during the trial period. The major labels have agreed to this condition, but many indies have not.
In its statement Beggars Group says it sees no reason it “should bear this aspect of Apple’s customer acquisition costs.”
Apple Music will offer $10-a-month subscription streaming.
More from the New York Times.
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