Latest in Apple

Image credit:

Universal confirms non-renewal of iTunes contract

Share
Tweet
Share
Save

Sponsored Links


Hot on the heels of the almost-ran reconciliation between Apple and the Universal Music Group, the music label has issued a statement saying definitively that it will not renew its long-term agreement with the Cupertino juggernaut. All this news comes at the tail-end of an extended negotiation period fraught with leaked info and damage control (mostly from Apple's end of the table). The new arrangement will enable Universal to deal with iTunes sales "at will," thus allowing them to market music freely to other retailers, as well as offer exclusive arrangements with whomever the company chooses. It can be assumed that Apple honchos are not very stoked by this turn of events, considering Universal is responsible for one out of every three records released globally, and this will only increase their ability to control online distribution. Can't be fun to be the Jobs-man today.

[Via iLounge]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

'Gears 5' will add new modes and maps in its first six months

'Gears 5' will add new modes and maps in its first six months

View
Hulu's 'Castle Rock' season 2 teaser shows the origins of 'Misery'

Hulu's 'Castle Rock' season 2 teaser shows the origins of 'Misery'

View
YouTube is shutting down its TV-friendly web interface

YouTube is shutting down its TV-friendly web interface

View
SIM-based attack has been used to spy on people for two years

SIM-based attack has been used to spy on people for two years

View
Discord is pulling its subscription service's free games library

Discord is pulling its subscription service's free games library

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr