Apple To Pay 71.5% of Music Service Revenue in U.S. to Copyright Owners
Apple will pay about 71.5 percent of revenue generated from its forthcoming Apple Music service to copyright owners for songs streamed in the U.S. and an average of 73 percent of revenue for songs streamed elsewhere, a spokesman confirmed Monday.…
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Earlier media reports had said Apple would pay copyright owners only 58 percent of revenue for songs streamed in the U.S. The Apple Music service, to launch June 30, will cost $9.99 per month for individual subscriptions and $14.99 per month for a six-user family subscription (see 1506080055).