Apple Music's Royalties Look Just Like Everyone Else's
Now that it's actually paying, Apple Music's royalty scheme looks just like that of any other streaming service.By Evan Thomas | June 25, 2015
You probably heard how Apple changed its tune after that angry letter from Taylor Swift, and announced it would start paying royalties to artists during its three-month Apple Music trial period.
Now we have a number to go with that, thanks to The New York Times: 0.2 cents per play. It’s not a lot, but it has some important implications.
The Times explains: record labels like that one-fifth of a penny because it will make being on Apple Music worth the time and effort for artists from the start. This includes Swift, who is herself signed to the independent Big Machine Label Group.