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

12.03NVIDIA- and Uber-backed Nuro is testing autonomous vehicles in Tokyo
12.03Google Play will let you try a game before you buy it
12.03This dog-friendly camping fence comes with a rare feature: full price transparency
12.03I guess this wasn't an Xbox after all
11.03Grammarly has disabled its tool offering generative-AI feedback credited to real writers
11.03Valve defends loot boxes in response to New York's lawsuit
11.03TikTok will let you stream full songs in its app if you're an Apple Music subscriber
11.03Microsoft's full screen 'Xbox Mode' will roll out to Windows 11 PCs in April
Marketing and Advertising »

All news

12.03John Lewis to pay first staff bonus for four years
12.03NVIDIA- and Uber-backed Nuro is testing autonomous vehicles in Tokyo
12.03China went crazy for OpenClaw. Now its working to ban it
12.03The crippling success paradox that makes even winners fear failure
12.03Publishers are finally getting serious about AI scraping
12.03The PentagonAnthropic clash is a warning for every enterprise AI buyer
12.03Experts warn that GLP-1s are leading to the resurgence of a 17thcentury disease
12.03Stay invested, deploy money gradually amid market volatility: Prateek Agarwal
More »
Privacy policy . Copyright . Contact form .