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

06.02Disney+ loses access to Dolby Vision in some European countries
06.02The new trailer for The Super Mario Galaxy Movie shows Yoshi absolutely devouring a Magikoopa
06.02Noble Audio has released a USB-C Bluetooth dongle for high fidelity transmission
06.02Spotify now lets you swipe on songs to learn more about them
06.02Get a four-pack of first-gen AirTags for only $64
06.02NASA will now allow astronauts to take their smartphones to space
06.02Uber ordered to pay $8.5 million to passenger who accused a driver of rape
06.02Google will soon offer AirDrop support on more Android devices
Marketing and Advertising »

All news

06.02Stocks Surging into Afternoon on US Earnings Outlook Optimism, Diminishing AI Infrastructure Build-Out Concerns, Crypto Bounce, Tech/Alt Energy Sector Strength
06.02Weekly Scoreboard*
06.02Uber ordered to pay $8.5m over claim driver raped passenger
06.02Disney+ loses access to Dolby Vision in some European countries
06.02Chicago Tribune names newsroom veteran as new managing editor
06.02The Super Bowl Indicator: Should Traders Actually Care?
06.02Small Caps Lead the Charge: Why IWM and Russell 2000 Are Dominating 2026
06.02Longtime Christ hospital nurse Lea Good lauded at Bears game as Advocate Nurse of the Year
More »
Privacy policy . Copyright . Contact form .