Vivendi calls Apple iTunes contract terms "indecent"
Vivendi condemned as “indecent” the contract terms between its Universal Music Group (UMG) unit and Apple Inc, the computer maker whose iTunes online store dominates the digital music market. Vivendi is one of many large media companies that are trying to challenge Apple’s grip on the digital entertainment market and obtain more control over pricing. It said it was in talks with rival distributors. “The split between Apple and (music) producers is indecent… Our contracts give too good a share to Apple,” Vivendi Chief Executive Jean-Bernard Levy told reporters at a gathering on Monday organized by the association of media… Read more »