iTunes’ European Marketshare May Go Up Due To Royalty Restrictions Drop
Apple has something to look forward to in Europe. The Société des auteurs, compositeurs et éditeurs de musique (SACEM) has agreed to drop the territorial restrictions that they have over collecting royalties for about 128,000 artists.
Apple currently dominates over half of the digital music sales through the iTunes services. Outside of their country, Apple does not allow Europeans to purchase music. Because of the restrictions that the European Commission had in the past, they have limited what consumers could buy on the Internet.
With these license royalty restrictions being dropped, it is very likely that Apple’s market share in Europe will grow.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry