Apple’s idea for music royalties could stick it to Spotify

As we’ve heard over the last year, publishers and artists like Taylor Swift aren’t happy about Spotify’s free option, while Apple Music is only available to subscribers (and has a three month free trial period).According to both publications, the proposal (which has not been made public) would have streaming services pay 9.1 cents in songwriting royalties for each 100 plays, equal to the royalties of one download. This is much simpler than the current setup, which pays out a percentage of revenue and is obviously much lower for a free service.Still, it’s just one proposal of many — the NYT says Spotify, the RIAA, Google, Pandora and Amazon were all expected to file their own suggestions this week — and the CRB is only in the early stages of coming to a decision.

See the original post: Apple’s idea for music royalties could stick it to Spotify

Author: Jagdeep

Share This Post On
468 ad