Title: Most of Apple Music's revenue will go to music labels, but only after its free trial Post by: HCK on June 16, 2015, 03:00:19 am Most of Apple Music's revenue will go to music labels, but only after its free trial
<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p class="intro">Apple will pay the majority of its subscription revenue from Apple Music to music rights holders.</p> <!--break--> <p>Apple has confirmed that it will join most other streaming music services in paying a large majority of their subscription revenue to music rights holders. The company will pay out 71.3% of Apple Music (http://www.imore.com/apple-music) revenue in the U.S., while that rate will fluctuate in other parts of the world, according to Re/code (http://recode.net/2015/06/15/heres-what-happens-to-your-10-after-you-pay-for-a-month-of-apple-music/):</p> <p>Here are the real numbers, according to Robert Kondrk, the Apple executive who negotiates music deals along with media boss Eddy Cue: In the U.S., Apple will pay music owners 71.5 percent of Apple Music's subscription revenue. Outside the U.S., the number will fluctuate, but will average around 73 percent, he told Re/code in an interview.</p><p>Apple will also not start paying out to music labels until Apple Music customers start paying. During the initial three-month trial, Apple won't pay for any of the music streamed. To counter this, Apple will pay slightly more than most other streaming service, in part to facilitate the trial.</p> <p>Apple Music will launch in over 100 countries on June 30 (http://www.imore.com/apple-music-coming-june-30-iphone-ipad-mac-and-windows) for Mac, iPhone, iPad, and Windows. It will cost $9.99 a month for an individual subscription after the three-month trial, while families of up to six can access the service for $14.99 per month.</p> <p>Source: Re/code (http://recode.net/2015/06/15/heres-what-happens-to-your-10-after-you-pay-for-a-month-of-apple-music/)</p> </div></div></div><img width='1' height='1' src='(http://tipb.com.feedsportal.com/c/33998/f/616881/s/47411702/sc/28/mf.gif)' border='0'/><br clear='all'/> <a href="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/rc/1/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/rc/1/rc.img" border="0"/>[/url] <a href="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/rc/2/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/rc/2/rc.img" border="0"/>[/url] <a href="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/rc/3/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/rc/3/rc.img" border="0"/>[/url] <img src="http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/a2.img" border="0"/> (http://da.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/a2.htm)<img width="1" height="1" src="http://pi.feedsportal.com/r/231123021154/u/49/f/616881/c/33998/s/47411702/sc/28/a2t.img" border="0"/><img src="http://feeds.feedburner.com/~r/TheIphoneBlog/~4/u2N3V4VHbeI" height="1" width="1" alt=""/> Source: Most of Apple Music's revenue will go to music labels, but only after its free trial (http://feedproxy.google.com/~r/TheIphoneBlog/~3/u2N3V4VHbeI/story01.htm) |