Time Is Money
The Telegraph, reporting on the reaction of indie UK record labels on Apple Music’s terms:
Apple is accused of attempting to launch its new Spotify rival, Apple Music, in a way that would leave Britain’s independent record labels “completely screwed” and struggling to survive.
The Silicon Valley giant is demanding that record labels such as XL Recordings, the home of Adele, and Domino, the label behind the Arctic Monkeys, agree to a free three-month trial of Apple Music, during which they will receive no payment.
The plan, only disclosed since the service was unveiled in at a glitzy event in San Francisco last week, has caused dismay among British labels, according to Andy Heath, the chairman of UK Music, the industry lobby group.
Doesn’t seem fair to me. Three months is a long time to not get paid and time is money.