Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2022-05-20 16:00:34| Engadget

Bandcamp won't have to worry about Google pulling its app from the Play Store in the near future. The music service has entered into an agreement that will let it use its existing in-app payment system on Android while parent company Epic Games continues its antitrust lawsuit against Google. Artists will keep receiving the same share as before, but Bandcamp will put 10 percent of Android-related sales revenue in escrow until the case is resolved. The company said in a blog post that it would absorb that cost rather than pass it along to musicians.The arrangement takes effect June 1st, the same day Google is set to enforce a new rule requiring that apps like Bandcamp's use only the Play Store billing system for in-app purchases. Google will still have the power to enforce Play Store policies beyond the exception carved out through this deal.The move is a compromise for both sides. Epic had filed for a preliminary injunction that would have barred Google from pulling Bandcamp's app without the escrow requirement. It has long argued that Google's billing requirement would hurt both artists and its own bottom line by reducing their revenue shares and delaying payouts. Google, meanwhile, claimed Bandcamp and Epic were simply trying to avoid paying for the Play Store's "value" and that the 10 percent fee is less than what those companies charge through their own systems.Regardless of the arguments, the pact may be good news for music makers. While Bandcamp may change its payouts if Epic loses its lawsuit, that's not likely to be imminent. Artists can expect the status quo to continue for some time.


Category: Marketing and Advertising

 

Latest from this category

03.01California introduces a one-stop shop to delete your online data footprint
03.01Prices for an old Star Wars game have ballooned because of its role in a PS5 jailbreak
02.01Where are Engadget's CES 2025 winners now?
02.01GE's new Smart Refrigerator automates grocery shopping with a barcode scanner and Instacart
02.01How to watch the AMD CES 2026 keynote live
02.01Amazon's base Kindle is $20 off right now
02.01Clicks is bringing its first smartphone and a new keyboard to CES 2026
02.01How to watch Awesome Games Done Quick 2026
Marketing and Advertising »

All news

03.01California introduces a one-stop shop to delete your online data footprint
03.01Bajaj Finance Q3 updates: New loans booked in December quarter grow 15% YoY, AUM jumps 22%
03.01Venezuela attack: Trump says U.S. has captured leader Nicolás Maduro
03.01Looking for 2026 winners? Hindustan Copper, BSE among 10 stocks with up to 36% upside
03.01Looking for 2026 winners? Hindustan Copper, BSE among 10 stocks with up to 36% upside
03.01FIIs dump Rs 7,608 cr in two sessions after 1.66 lakh cr sell-off in 2025. Why experts remain convinced on trend reversal in 2026?
03.01Dalal Street Week Ahead: Uptrend intact on weekly charts, selective profit-taking likely ahead
03.01Berkshire has best chance of lasting 100 years, says Warren Buffett as Greg Abel takes charge
More »
Privacy policy . Copyright . Contact form .