Apple Woos Indies [Updated]
- Senior iTunes music store staffers will show the label reps how the store runs and they'll perform some hands-on demos, though it is unclear whether Apple boss Steve Jobs will attend. The spokesperson declined to specify which, or how many, labels were invited to the meeting.
The article quotes Sub Pop and Matador Records as two labels specifically planning to attend the event.
Indie Support for the iTunes Music Store has been expected and mentioned specifically by Steve Jobs.
Update:
Here is the text from the invitation:
The iTunes Music Store has already sold millions of
songs. Wed like to add your music to the mix.
In less than a month, the iTunes Music Store has
revolutionized the way people buy music.We want
to offer our customers the broadest selection of
music and artists.
Please join us at Apple to learn more about the
iTunes Music Store including:
- The first months results
- How the Store can help connect your music
with our buyers
- How to deliver your songs to us
- The agreement you need to be a part of the Store
Thursday, June 5
9:30 a.m. to 1:00 p.m.
Apple Town Hall
Top Rated Comments
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Don't forget to pick up a copy of The Postal Service.
It's an excellent CD.
Originally posted by catalystx I'd still like to know how much of the 99 cents the artists get...
afaik, with the mainstream (RIAA-affiliated) artists, apple gives away 60cents (NYT) from each track sale to the label. Out of which probably 10% or less goes to the artist I would suppose.
With independents this figure might be different since indie labels usually don't screw their artists over with inflated tariffs and dues.
i see a good cycle going on.. as apple adds more labels, more people will want to sign up.. as more people sign up, more labels will want to sign on.. this is will continue in an upward spiral until itunes for windows is released.. and that's when the floodgates will burst open :)
Originally posted by Jesus on OSX
afaik, with the mainstream (RIAA-affiliated) artists, apple gives away 60cents (NYT) from each track sale to the label. Out of which probably 10% or less goes to the artist I would suppose.
With independents this figure might be different since indie labels usually don't screw their artists over with inflated tariffs and dues.
Actually it's roughly 18% of that 60 cents that goes to the artist.
So, this massive 18-25 market, which generally cares more about what Drowned in Sound says than what Rolling Stone says therefore demands the addition of independent labels. That Apple are getting on to this removes a major obstacle to people like me using the iTMS.
Hooray it's happening now.
p.s. I also recommend Postal Service and Death Cab for Cutie.
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