Notes from Apple's Meeting with Indies
CD Baby! provides some very interesting notes from the meeting. According the site, approximately 150 representatives attended and received a 2 1/2 hour session on the iTunes Music Service.
The current rate of sales of the iTunes Music Store is 500,000 songs a week, with a total sales of 3-5 million. Another interesting stat is the ratio of previews:sales which is 10:1, indicating 10 previews for every sale. The notes also provide details on the way the iTunes music store works as well as Apple's policies on music distribution. The overriding theme seems to be equal-opportunities for all comers, with no special deals or treatment. "Same deal. Same agreements. Same team of people. Same treatment, all-around."
Payment details were not specified and will be provided with individual contracts. As expected, individual artists may not participate. You must be signed to an "iTunes partner".
[Update] Article essentially removed.
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Will the distributors courier over boxes of CDs to Apple, for them to log in a database, then rip in iTunes 4, then put the encoded file into some directory?
Do they have a massive warehouse - like at the end of Raiders of the Lost Ark - filled with CDs upon CDs?
Do the distributors give Apple information on what tracks they are allowed to rip, or does Apple have to figure that out by reading the copyright information on each track?
I would like some information about this, simply because it is such a cool idea, I want to know how it works. Maybe there will be a show on Discover Channel about it soon :-)
Floop
Originally posted by Floop
I would like some information about this, simply because it is such a cool idea, I want to know how it works. Maybe there will be a show on Discover Channel about it soon :-)
Floop
Read the Linked Article
i hope, the service will be very soon world-wide. people talking about by the end of the year. but i hope apple will surprise us...
.a
Originally posted by Floop
Will the distributors courier over boxes of CDs to Apple, for them to log in a database, then rip in iTunes 4, then put the encoded file into some directory?
The article does give the answer to this, but just to note - the same thing applies to all the major labels - Apple hasn't encoded any of the music.
Originally posted by robbieduncan
Sound like (why am I surprised) Apple is being pretty fair. The same deal for everyone (sort of - were any non-US indies invited?).
I don't know whether they were invited to that event, but one of the UK indie associations has already been in talks with Apple. The association is now going around the labels getting them to sign on.
Originally posted by arn
[b]Read the Linked Article [/B]
Good idea! I had forgotten about that (d'oh).
For anyone that didn't read that article - like stoopid ol' me - it is extremely interesting.
For instance - Apple charges the distributors NOTHING... and the distributors do the encoding and uploading THEMSELVES - cunning!
Originally posted by Nutzoids
It would be cool if some Local un-signed bands could upload songs so others can have them as well!
The site linked above with the artical seems to more or less offer this at the moment with real physical CDs. They state that they are going to become an iTMS partner. So by using them pretty much any band will be able to get on iTMS (not sure whether you'll have to provide CDs to cdbaby to sell as well or whether they'll let you send them a CDR to put on iTMS).
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