© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Taking a Bite Out of Apple
Posted 24th June 2015

Taking a Bite Out of Apple

Taylor Swift trumps technology giant, Apple, as they back down over royalties row.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Taking a Bite Out of Apple
Image

Taking a Bite Out of Apple

Taylor Swift trumps technology giant, Apple, as they back down over royalties row.

In an interview with Buzzfeed News, Eddy Cue, Apple’s Senior Vice President, stated that the tech giant has decided to pay musicians royalties, even during the three-month free trial period for their new music streaming service, Apple Music, despite previously claiming that they would not pay musicians until customers paid to use the service. 

Swift decided not to allow Apple Music to use her songs after learning of the payment plans, stating in a post on social media site Tumblr, entitled ‘To Apple, Love Taylor’, that she thought the decision was “shocking, disappointing, and completely unlike this historically progressive and generous company”. The singer also voiced concerns that the plans would see new and more obscure musicians left out of pocket and that three months was a long time for artists to wait to be compensated for the use of their work.

There have been many detractors of Apple’s decision not to pay artists during the trial period but Swift’s was the voice which the media focused on, and Cue ended the series of Twitter posts in which he initially announced the scrapping of the policy with ‘We hear you @taylorswift13 and indie artists. Love, Apple’, deliberately linking it to Swift’s Tumblr message.

Cue informed Buzzfeed that the streaming service ‘will pay artists on a per stream basis during the free three-month trial’, and although the rate of pay during this period has yet to be discussed, once the trial period is over, musicians in the United states will be paid 71.5% of Apple Music’s subscription revenue.

However, according to Buzzfeed, Swift has declined to state whether or not she will allow Apple Music to use her songs despite this decision. She sent the Twitter message “I am elated and relieved. Thank you for your words of support today. They listened to us.”

Categories: Innovation


You Might Also Like
Read Full PostRead - Eye Icon
Challenges and  Alternatives for the  Brazilian Importer
Finance
27/05/2015Challenges and Alternatives for the Brazilian Importer

We hear from Carlos Ayub as he talks us through the challenges and alternatives for the Brazilian importer under the transfer pricing regulations.

Read Full PostRead - Eye Icon
Finance Options for Your Swiss Property Purchase
Finance
30/06/2023Finance Options for Your Swiss Property Purchase

One might not immediately consider Switzerland when thinking about lucrative international property investments, yet this gem of a country offers a thriving hotel market that can deliver impressive returns.

Read Full PostRead - Eye Icon
Why CFDs Are Worth Your Time, Attention, and Trades
Finance
10/07/2020Why CFDs Are Worth Your Time, Attention, and Trades

While some markets are struggling with an economic downturn, investors have been keeping busy. During the first half of 2020, there has been an uptick in trading activity across the world’s markets. In particular, significant growth was seen in stock and ind

Read Full PostRead - Eye Icon
The Role of the CIO Changing Thanks to AI and Digital Transformation
Innovation
24/05/2023The Role of the CIO Changing Thanks to AI and Digital Transformation

The chief information officer (CIO) is instrumental in helping companies use technology well and achieve stated goals. However, the role of the CIO is becoming significantly different than it once was.

Read Full PostRead - Eye Icon
Can Blockchain And AI Work Together?
News
26/04/2022Can Blockchain And AI Work Together?

Can Blockchain And AI Work Together? There is a lot of buzz around the potential for blockchain and AI to work together. Some people believe that this could be the beginning of a whole new era of innovation, while others are skeptical. We will explore the rela

Read Full PostRead - Eye Icon
Skadden Advises NFP Acquisition of BWD
Finance
13/08/2015Skadden Advises NFP Acquisition of BWD

Skadden Advises NFP Acquisition of BWD

Read Full PostRead - Eye Icon
Keeping Up With Demands – Is it Time to Outsource Your Delivery Service?
News
08/09/2022Keeping Up With Demands – Is it Time to Outsource Your Delivery Service?

The success of any business depends on a series of factors that converge toward one big goal - customer satisfaction. But, in order to learn what works and doesn’t, managers need to constantly optimize and reassess the current status

Read Full PostRead - Eye Icon
How to Include Sustainability Initiatives in Email Signatures to Improve Customer Conversion
Corporate Social Responsibility
21/08/2024How to Include Sustainability Initiatives in Email Signatures to Improve Customer Conversion

A recent report highlighted that 63% of consumers are more likely to purchase products from companies that prioritize and highlight their sustainability initiatives. With 7 in 10 customers influenced by a businesses green credentials, it's important that brand

Read Full PostRead - Eye Icon
AI and Machine Learning Skills in Highest Demand from Employers in 2024
News
26/02/2024AI and Machine Learning Skills in Highest Demand from Employers in 2024

Nearly a third of employees have little understanding of how to use AI and data and less than one in ten have received training on AI tools in the past 12 months



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow