Apple vice president of iTunes content Robert Kondrk has confirmed to Re/code that the Cupertino-based company will share 71.5% of Apple Music revenue with music owners in the United States.
That number will be slightly higher outside of the United States, averaging around 73%, but Apple will pay no royalties during the three-month free trial period in return for paying a few percentage points extra.
"Apple won’t pay music owners anything for the songs that are streamed during Apple Music’s three-month trial period, a bone of contention with music labels during negotiations for the new service. But Kondrk says Apple’s payouts are a few percentage points higher than the industry standard, in part to account for the lengthy trial period; most paid subscription services offer a free one-month trial."
Praising Apple, but if Apple drives Spotify out of business, guess what happens to Apple's prices and percentages?
Prices go up for consumers, percentages go down for artists. Called business. Be happy you have choices.
Praising Apple, but if Apple drives Spotify out of business, guess what happens to Apple's prices and percentages?
Prices go up for consumers, percentages go down for artists. Called business. Be happy you have choices.
...Vin
To an extent but there is a point where consumers will say screw this and just start downloading again. Artists could be more vulnerable but with the exception of a few they are not exactly banking now in the current environment. I doubt the artists would stand for it either so what good is a streaming service where everyone is pulling their music?
I don't need another pointless icon I won't be using.
