So iCloud might be free for users, then cost $25/year after that. Sounds fair. But what about the music labels? Apple’s reportedly paying the four big labels between $25 – $50 million each, according to the New York Post.
https://gizmodo.com/apples-icloud-to-launch-as-a-free-service-then-cost-25-5808045
Altogether, that figure could amount to up to $150 million, with The Post reporting that Apple’s taking 30 per cent of the annual $25 fee for themselves, 12 per cent being paid out to the music labels, and the remaining amount going to the artists. [New York Post]
WWDC 2011 Predictions | Here comes iCloud, but what else?
https://gizmodo.com/wwdc-2011-predictions-here-comes-icloud-but-what-else-5808251
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