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They already have a 'yes' from the big labels. The big labels probably look at 3 months of no revenue from Apple streaming as a storm they can weather on the wa
by a2tech 11y ago
They already have a 'yes' from the big labels. The big labels probably look at 3 months of no revenue from Apple streaming as a storm they can weather on the way to bigger profits from Apple Music in the long term. Smaller labels are more likely to be sensitive to temporary lapses in income.
- jlgaddis 11y agoWhat is their current income from Apple streaming? Since it hasn't even launched yet, wouldn't it be $0? Thus, there are no temporary lapses in income.
- louhike 11y agoThe problem is the income with Itunes here.
- krisdol 11y agoApple providing a temporarily free alternative to its paid-music store is going to shift customers to the free alternative, especially since purchased music rarely lives the iCage of devices. I can pay $15 for an album to listen to it on my device on my drive home, or I can stream it for free on my device -- why pay? iTunes income will drop, hence the lost income.