Wednesday, June 10, 2015

Apple Music is already in the crosshairs Authority. And Spotify cashing means … – Il Sole 24 Ore

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This article was published June 10, 2015 at 15:03.
The last change is the 10 June 2015 at 16:21.

I miss the time to taste the potential that Apple Music ends in the crosshairs of antitrust. The news reports the Financial Times, and arrive within hours of the official launch of the service presented to San Francisco by Tim Cook during the WWDC of two days ago. American antitrust officials, specifically the attorneys general of the states of New York and Connecticut, are analyzing in detail the relationship between the Colossus of Cupertino and record labels. The crucial point is whether Apple has tried to influence the big record companies to gain competitive advantage over other streaming music services like Spotify.

The official investigation in progress came after the publication of Universal Music Group that a letter sent to the prosecutor in New York, Eric Schneiderman, “We are pleased to have provided the attorneys general information to prove conduct. And ‘our impression that, given this information, the attorneys general are no longer going to conduct further investigations into UMG about it. ”

Matt Mittenthal, spokesman for the attorney general of New York, Eric Schneiderman, has confirmed to the Financial Times that the letter of UMG “is part of an investigation into the music stream, a sector where competition has recently brought in new and different ways for consumers to enjoy music. ” But the curious part of the news, which perhaps is also the one that most frightens Apple, is a strange coincidence: the two prosecutors who are investigating Apple Music are the same that occurred agreements between Apple and publishers on the price of the eBook. That survey, it should be remembered, in Cupertino cost a plea bargain and a fine of 450 million dollars. Now the judges must determine whether Apple has held anti-competitive behavior in relation to services that offer streaming operate free from Spotify to YouTube. From Cupertino, however, they chose not to comment on the report. At least for now. Apple Music debut on the international market on June 30, but this investigation is likely to have a strong echo.

Meanwhile Spotify
And while it trembles Apple, on the other Spotify announces today that it has reached 75 million active users, of which 20 million are subscribers payment, an increase of 100% in a year. Since its launch in 2008, the statement said, the streaming music service has given more than three billion dollars to the music industry. It collects new loans. Like in a boxing match, the Titans own music streaming (although Apple will debut later this month not only can not be considered down among the market leaders) are giving life to a few hours to a major round. The Swedish company, which is currently before the world by number of users, it does not seem to have suffered the backlash of the Apple Music. On the Internet there are rumors of a tweet (then disappeared) Daniel Ek, founder of Spotify, which during the conference of Tim Cook would chirped quite mocking “Oh ok.” As if to say that all? Meanwhile, Spotify has grossed 526 million dollars of new investments. The goal was to reach 400 million, but the collection has gone far beyond expectations. The company is currently worth $ 8.4 billion, and can fence about 15 million monthly users under subscription. However, according to the Wall Street Journal, these numbers can not let assured the leaders of Spotify. The business model has its flaws: 70% of turnover must be turned to the record companies. Now, however, are also coming videos. And the feeling is that this new challenge, which is between the startup of Swedish origin and the tech giant par excellence (Apple, author’s note) is only the beginning.

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