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

15.12In 2025, tech giants decided smart glasses are the next big thing
15.12Swallowing the Moon and other new indie games worth checking out
15.12Spotify was down this morning for thousands of users: Updates on the widespread outages
15.12New Stranger Things trailer hints at what's next for our heroes
15.12The Meta Quest 3S is back down to its Cyber Monday all-time low of $250
15.12Samsung's P9 microSD Express card for Switch 2 is 40 percent off right now
15.12Bose's new QuietComfort Headphones are 53 percent off
15.12Even Uber has an end-of-year wrap-up now
Marketing and Advertising »

All news

15.12What to know about Southwest Airlines new boarding process
15.12Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
15.12US tariffs are having an uneven effect on holiday prices and purchases
15.12In 2025, tech giants decided smart glasses are the next big thing
15.12RBI doubles liquidity injection to Rs 1.5 Lakh crore ahead of tax payments
15.12National security experts warn extremist groups are experimenting with AI. Heres how
15.12NCDEX gets Sebi nod for mutual fund platform ahead of equity launch
15.12Swallowing the Moon and other new indie games worth checking out
More »
Privacy policy . Copyright . Contact form .