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

12.01New typeface for Volvo treats legibility as a safety feature
11.01Google's new commerce framework cranks up the heat on 'agentic shopping'
11.01California's governor plans to set aside $200 million for state EV tax credits
11.01Wing's drone deliveries are coming to 150 more Walmarts
10.01Elon Musk says X's new algorithm will be made open source next week
10.01GameStop reportedly shuts down more than 400 US stores
10.01An Instagram data breach reportedly exposed the personal info of 17.5 million users
10.01Dont count on Baldurs Gate 3 coming to Switch 2, as least for now
Marketing and Advertising »

All news

12.01Lawmakers want to ban AI toys. Lego wants kids to build AI themselves
12.01What 11 top designers want to redesign in 2026
12.01This one key insight will change how you think about change
12.01Change is a choice: Embrace your power to transform
12.01These $1,000 bamboo homes survived a major earthquake
12.01How to build an AI innovation pipeline that creates real long-term value
12.015 shifts every modern leader must make to build trust in the age of skepticism
12.01New typeface for Volvo treats legibility as a safety feature
More »
Privacy policy . Copyright . Contact form .