One of the most talked about topics during these weeks has been the renewed music streaming service Company Beats. As things are now, it is very to be expected that Apple will present the "music streaming service" this year, more specifically at the Worldwide Developers Conference (WWDC 2015), which is presented this Monday, June 8, as we all know. However, as revealed in a new report recently released by 'Bloomberg', Apple still is in talks with various music labels, who are trying to negotiate terms for the next streaming service.
In essence, if the report is true, then the labels are negotiating with Apple, to obtain advantageous terms for them. Right now, record companies receive around the 55 percent of Spotify and other music streaming services (first 3 months of Premium for € 0,99 and after only € 9,99 / month, on Spotify), while publishers get 15%.
Record labels are pushing for a bigger piece of the pie, and they want to increase their profits, than they get from Spotify Ltd.
In the past, it was rumored that Apple was going to offer its music streaming service for only $7.99 a month, but it is not confirmed at all, and if we see that the record companies want more, I think it will be around the same price as Spotify.
Apple is pushing to close negotiations, ahead of WWDC 2015, and according to the Cupertino-based company's report, it still has every intention of unveiling its music app. during the conference, although they do not cease to be hearsay. This app is rumored to be called «Apple Music«, As we mentioned in this article.
Spotify took offense about him "Apple tax", which it has in the App Store, Apple raises a 30% on income for app sales.
Apple is getting into too many markets. Its low performance in certain products (iPhone), has been noticed for a long time.
You cannot take over all business. For me, this will be its self-destruction as a company of high quality and reliability in its products.
Good Alejandro, I think the same as you, in part. I think that this market can be very large, and that it can have an important factor to integrate, within the few competitors it has, because Spotify is king.
What can be great? Yes, but we are talking about Apple, and if it comes with the best idevices, and bringing it native is a way to sell, a plus. (I also failed with the itunes part of following musical artists, and it's not the first time it has failed.)
But as you say with other words, it can be great, but I do not doubt in the team.
We will see him on Monday Alejandro, thank you for your comment.
Alejandro, in case you don't know, Apple has been in the music industry for a long time now. If not, take a tour of Wikipedia and see how Uncle Jobs revolutionized the market at the time with the iPod.