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Vivendi Calls iTunes Contract Terms "Indecent"

Posted by ScuttleMonkey on from the better-business-through-greed dept.

Bemopolis writes "Brace yourselves for a shocking revelation: The CEO of Vivendi, parent company of UMG, is not happy with the current deal with the iTunes Store. 'The split between Apple and (music) producers is indecent [...] Our contracts give too good a share to Apple.' The usual argument about older music priced at the same rate as new music is trotted out. No doubt UMG would prefer to make the former cheaper, while maintaining the current pricing for the latter. At least he had the decency not to claim that they were trying to defend their artists against predatory iTunes pricing. Or maybe he just misplaced the index card with that boilerplate on it."

3 of 288 comments (clear)

  1. Print link by Seakip18 · · Score: 4, Informative

    Print link for those wishing to skip the ads.

    This looks like a case where a company is calling foul on a distributor. In a way, I guess Itunes is like walmart. If you want your music to sell online, you do it thru itunes. If not, you find your own way. Perhaps by not killing online radio.

    --
    import system.cool.Sig;
  2. Re:Not quite right, I think by Anonymous Coward · · Score: 3, Informative

    There, fixed that sentence for you. Did you completely miss the sarcasm in the summary write-up? It was positively dripping, sir.

  3. Re:Waa, waa.... by Bemopolis · · Score: 3, Informative

    ... well-known band on the non-affiliated indie label Sub-pop.
    You realize that Warner Music Group owns 49% Sub-Pop, don't you?
    --
    "I guess the moral of the story is, don't paint your airship with rocket fuel." -- Addison Bain