Millions Likely To Sign Up For Apple Music's Free 3 Month Trial; Leaked Contracts Show Artists, Labels To Be Paid Nothing
[UPDATED] When it launches on June 30th, Apple Music will offer a 3 free month trial; and Apple contracts leaked to Hypebot show artists and labels won't receive any compensation for the music consumed during those trials.
During Apple Music's launch announcement, presenters touted a generous three month free trial period for its new streaming music service. But when it launches on June 30th, artists, labels and other rights holders will not receive any compensation for the billions of songs streamed by the millions likely to take advantage of Apple's three free months.
A clause in the Apple Music contract shared with Hypebot states that no royalties will be paid during the trial.
"Fees for Trials and Comp Accounts. For the sake of clarity, for Trial Users, and for Comp Accounts that ITUNES provides on a gratis basis, no license or royalty fees, including Fees, will be due to COMPANY."
["Comp Accounts" refers to free accounts for media and some in the music industry.]