Mobile Minutes: Streaming music payments; Verizon teams with Vice; Apple’s profits; Nokia’s mobile return
On the way from your wallet to your favorite band, everybody takes a cut. Here’s where it goes (more or less) and how Bitcoin could change the industry.
Vice Media has inked a multiyear pact with Verizon Communications for the telco’s forthcoming wireless Internet TV service, including some exclusive content produced by the youth-skewing media company. Vice-produced material covered under the deal includes original U.S. and international programming produced exclusively for Verizon.
Though Apple sells a lot of iPhones, it accounts for fewer than one in five smartphone sales worldwide. But when it comes to making money, Apple doesn’t just have the biggest slice of the pie: it pretty much has the whole pie.
Nokia this week reiterated that if and when it gets back into the mobile business, it won’t actually be producing the devices. “Will Nokia return to mobile devices?” spokesman Robert Morlino said in a statement. “The answer is: it’s complicated.”