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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."

2 of 288 comments (clear)

  1. Re:Not quite right, I think-WRONG SIG WISDOM by Nom+du+Keyboard · · Score: 0, Offtopic

    Patriotism is akin to racism.

    Actually it's much more akin to self-interest and outright survival.

    --
    "It's the height of ridiculousness to say for those 9 lines you get hundreds of millions."
  2. typo - *its by ciroknight · · Score: 0, Offtopic

    Now please shut up grammar nazis.

    --
    "Victory means exit strategy, and it's important for the President to explain to us what the exit strategy is." G.W.Bush