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

30.10How LinkedIn Helps Early-Career Professionals [Infographic]
30.10Turn One Webinar Into 30 Days of Content in Under 3 Hours
30.10You've Built It, Now Try Explaining It: Naming What Hasn't Before Existed
30.10A touchscreen console for tabletops, Board turns digital gaming into shared, physical play
29.10How AI Is Being Used for Workplace Emails
29.10From Services to SaaS: The Secret to Agency Profitability?
29.10During off-peak hours, hospitality chain Mooie Boules repurposes venues as community hubs
28.10The State of Agency-Side Marketing Strategy in 2025
Marketing and Advertising »

All news

30.1015 small changes that can improve the quality of your work life
30.10Stocks Lower into Final Hour on Higher Long-Term Rates, Earnings Outlook Jitters, Profit-Taking, Tech/Consumer Discretionary Sector Weakness
30.10Spiraling effects of federal government shutdown leave lawmakers grasping for ways to end it
30.10Last-minute Halloween costume ideas inspired by news and pop culture that almost anyone can make
30.10Eli Lillys obesity and diabetes treatments fuel growth and spark bidding war
30.10Bull Radar
30.10Bear Radar
30.10Stellantis warns of one-off costs as revenue and shipments rise
More »
Privacy policy . Copyright . Contact form .