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

31.01SpaceX wants to launch a constellation of a million satellites to power AI needs
31.01Blue Origin is pausing its space tourist flights to work on lunar landers for NASA
31.01How to turn on hypertension alerts on Apple Watch
31.01Highguard, a hyperpop arena shooter and other new indie games worth checking out
30.01NASA used Claude to plot a route for its Perseverance rover on Mars
30.01Rivian made an electric ambulance for Grey's Anatomy
30.01Sundance doc 'Ghost in the Machine' draws a damning line between AI and eugenics
30.01Sonos home theater gear is up to 20 percent off ahead of Super Bowl LX
Marketing and Advertising »

All news

31.01SpaceX wants to launch a constellation of a million satellites to power AI needs
31.01Jan 31, When to Change Your Goals Without Losing Momentum
31.01It will be a good Budget: Commerce and Industry Minister Piyush Goyal
31.01Blue Origin is pausing its space tourist flights to work on lunar landers for NASA
31.01With 'mother of all deals' in bag, Piyush Goyal says mother will be compassionate, fair to all 28 children
31.01How to turn on hypertension alerts on Apple Watch
31.01Highguard, a hyperpop arena shooter and other new indie games worth checking out
31.01Ahead of Market: 10 things that will decide stock market action on Sunday
More »
Privacy policy . Copyright . Contact form .