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Apple Music pays a penny per stream on average – The Verge

Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company. That payment rate is higher than…

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Escalating a battle with Spotify
Photo by Chris Welch / The Verge
Apple Musics payment rate for artists and labels is a penny per stream on average, according to a letter from the company posted on its artist dashboard, viewed by The Verge, and first reported by the Wall Street Journal. (And now posted in full at 9to5 Mac.) That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Apple says in the letter that its rates…

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