Archive for June, 2011

UPDATE: Venzo Music (VMG) Announces Delivery to Apple’s iCloud

Sources: VMG Blog

Hi everyone,

I am very proud to announce that Venzo Music (VMG) is now able to deliver your catalog into Apple's new iCloud. iCloud is Apple's answer to cloud computing. With iCloud, you can place music, videos, photos, and documents all in the cloud and automatically be downloaded to all your Apple devices (iPod, iPhone, iPad, Mac, etc.).

Through Venzo Music (VMG), we enable you, the artist, to enable your music to be made available in the cloud. This makes it easy for your fans to easily download your music to all of their devices. Currently, this service is available only in the United States. As time progress, we will be able to fully gain access to iCloud to other territories. As apart of our agreement with iCloud & iTunes, we will be able to pay you 80% of the total revenue shared from iCloud (58% to labels + 12% to publishers).

June 7, 2011 at 6:14 pm Leave a comment

UPDATE: Venzo Music (VMG) Announces Delivery to the Apple iCloud

Hi everyone,

I am very proud to announce that Venzo Music (VMG) is now able to deliver your catalog into Apple’s new iCloud. iCloud is Apple’s answer to cloud computing. With iCloud, you can place music, videos, photos, and documents all in the cloud and automatically be downloaded to all your Apple devices (iPod, iPhone, iPad, Mac, etc.).

Through Venzo Music (VMG), we enable you, the artist, to enable your music to be made available in the cloud. This makes it easy for your fans to easily download your music to all of their devices. Currently, this service is available only in the United States. As time progress, we will be able to fully gain access to iCloud to other territories. As apart of our agreement with iCloud & iTunes, we will be able to pay you 80% of the total revenue shared from iCloud (58% to labels + 12% to publishers). For more information on the new “iTunes in the Cloud”, check out this amazing video of Apple presenting iCloud.

Source: CNET

June 7, 2011 at 6:10 pm Leave a comment

WaTunes: 4 Reasons Today’s Apple iCloud Launch Is Much More Important Than You Think

Source: Hypebot

<img class="asset asset-image at-xid-6a00d83451b36c69e201538efcc37f970b" title="image from www.google.com” src=”http://www.hypebot.com/.a/6a00d83451b36c69e201538efcc37f970b-200wi&#8221; alt=”image from www.google.com” style=”margin: 0px 5px 5px 0px;” /> At about 10AM PT today, Steve Jobs will take the stage at Apple's WWDC2011 to announce the company's latest products.  (We'll be tweeting developments live @hypebot and follow with a midday story.) High on the list is iCloud, an online digital music storage locker and player, that on the surface seems like a robust version of what Google and Amazon launched last month.  But Apple's iCloud launch is far more significant than that; and could have a major impact on how music is monetized and consumed.

4 Reasons Today's Apple iCloud Launch Is Much More Important Than You Think:

  1. The first licenced locker: Since the iCloud is the first digital locker to be launched with licenses from the major record labels and publishers, we'll get to see what rightsholders willing to allow and just how "game changing" music lockers can be.
  2. The future of owning music vs. renting: Cloud music lockers are about the availability of songs you've bought wherever you are. If they take off, they encourage ownership. That doesn't mean that streaming music is dead and there will be hybrids – Spotify's player, for example, already can combine songs on your hard drive with songs in their stream – but a successful iCloud also means that owning music isn't dead either.
  3. Making money from old music, again: For the first time since the vinyl to CD replacement cycle, record companies will be collecting money for music that's already been purchased. That money kept labels financially strong throughout the 1980's and 1990's.  It's unlikely that revenues from cloud lockers will be that substantial, but even if just 10% of Apple users eventually adopt iCloud, at the reported 58% label and 12% publisher share of $25, that's some serious cash annually for a long time. The major labels have already collected a reported $100 – $150 million in advances from Apple for the iCloud.
  4. Cementing Apple's Dominance: The labels have again given Apple first mover status, but more importantly, because the iCloud only works on iTunes and Apple created devices, Steve Jobs has found yet another way to keep customers within his closed eco-system of software, devices and stores.

June 6, 2011 at 7:10 pm Leave a comment

WaTunes: Apple Signs Universal For iCloud, More Details Leak

Source: Hypebot

<img class="asset asset-image at-xid-6a00d83451b36c69e2014e88d9f2d9970d" title="image from www.google.com” src=”http://www.hypebot.com/.a/6a00d83451b36c69e2014e88d9f2d9970d-120wi&#8221; alt=”image from www.google.com” style=”margin: 0px 5px 5px 0px;” /> Apple has added a deal with Universal to the other three other major label agreements it reached earlier, as it readies an official Monday launch of it's iCloud music service. according to multiple sources.  Major music publishers are also apparently on board, and Apple is in talks to add film and television shows to iCloud. Deals have not been finalized, however, with thousands of indie labels and publishers. More leaked Apple iCloud details:

  • Streaming will not be available at launch, but will be soon.
  • For now at least, iCloud will store only music purchased on iTunes.
  • Cut of the iCloud fee: Labels 58%, Publishers 12%, Apple 30% according to CNet.
  • Universal and Sony had been demanding 60% of the revenue.
  • Apple has offered independent labels 53% of cloud revenue. Some indie label executives tell Billboard that they are pushing for a bigger share.

June 3, 2011 at 1:43 pm Leave a comment


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