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June 16, 2015 02:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/19s1Z28Ql_w/apple-will-pay-more-to-streaming-music-producers-than-spotify----but-not-yet
Apple Will Pay More To Streaming Music Producers Than Spotify -- But Not Yet
Reader journovampire supplies a link to Music Business Worldwide (based on a re/code report) that says Apple's new Apple Music service, after a trial period during which the company has refused to pay royalties, is expected to pay a bit more than 70 percent of its subscription revenue out to the companies supplying it, rather than the 58 percent that some in the music industry had feared. Notes journovampire: "If 13% of iOS device users in the world paid $9.99-per-month for Apple Music, it would generate more cash each year than the entire recorded music biz manages right now."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/19s1Z28Ql_w/apple-will-pay-more-to-streaming-music-producers-than-spotify----but-not-yet
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