Apple’s subscription model: some new reasons to be nervous

Digital music services like MOG, Rdio and Rhapsody have been vocal about their fear that Apple’s subscription policy will ruin innovative companies already shouldering start-up losses, and the industry’s concern was again on display at the FT Digital Media and Broadcasting conference on Wednesday.Geoff Taylor, chief executive of the BPI (chief lobbyist for the UK music industry) said he had been “shocked” by Apple’s plan to keep 30 per cent of all subscription sales through its App Store. That is more than the performer gets, and three or four times what the composer gets, he said: “It doesn’t seem fair at any level.”To read this Financial Times report in full, see:
blogs.ft.com/fttechhub/2011/03/apple’s-subscription-model-some-new-reasons-to-be-nervous/

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