Apple Music Reveals How Much It Pays When You Stream a Song
Streaming services open up about artist payouts, seeking to win credibility and subscribers
Apple Music told artists it pays a penny per stream, according to a letter viewed by The Wall Street Journal.
Apple Music said it pays 52% of its subscription revenue to record labels. Bloomberg
The disclosure, made in a letter to artists delivered Friday via the service’s artist dashboard and sent to labels and publishers, reflects music-streaming services’ increasing efforts to show they are artist-friendly.
Apple Inc.’s move can be seen as a riposte to Spotify Technology SA, which last month shared some details of how it pays the music industry for streams on its platform.
Apple’s penny-per-stream payment structure — which music-industry experts say can dip…
