Apple pays music artists an average of one penny per stream

The illustration of the Apple Music title article says it pays artists an average of one penny per stream, which is somehow good.

Pictures: Emma McIntyre (Getty Images)

We have a clear picture of how Apple compares music to Spotify in terms of royalties.

The Apple Music artist posted the full post, quoting a release letter sent to the creators on Friday via the Dashboard. 9to5Mac, The The Wall Street Journal It was first reported that the service pays artists an average of one penny per stream – which seems like a separate term but significantly more than paying for Spotify. According to the journal, this amount is only one-third to one-half of a stream, which means that Apple Music is at least twice as much as the average, and even three times as much as its rival artists.

To complicate matters, however, the paid outs journal noted that artists are not paid for by live streaming services, but by those who have a contract to distribute them, in other words, 50 plays of an artist’s song are required as 50 cents in their bank account. No.

A service immediately returned a request for producers to comment on their payment terms, including whether they have any conditions on how many songs a song must play before it can be paid.

The Apple Music release, however, left Spotify with some eggs in its mouth. Spotify is a much bigger platform than Apple Music and it is available as a freemium platform. 345 million usersOf which 155 million are subscribers. As of June 2020, Apple Music is expected to have around one million 2 million subscribers, according to statistics. Statista. With the exception of the free trial period, Apple Music is a paid subscription service for 10 per month. Spotify’s premium level, meanwhile, costs ড 10 per month for ad-free listening.

Spotify has launched Loud and clear The transparency initiative was launched last month in an effort to address questions about its streaming economy. In a Q&A section of the site, the company addresses why rates per stream “would appear lower for Spotify than any other streaming service.” The three primary factors it lists are the global audience that influences its revenue-to-earnings ratio, the high flow per listener and its ad-supported level, which the company claims once it sends users to “non-revenue-generating options”, The combined music industry is not losing earnings. “

There are a number of reasons why “this site makes it seem small” that we understand it to be problematic. “We do not believe that it is; we are sure that our model is doing the highest income for everyone izing”

Apple said in a letter that the quality of the stream “varies according to the subscription plan and country” but last year there was an average of one penny per game for Apple Music’s individual plans.

“Apple Music, our focus remains on artists and songwriters and all creators to find new and innovative ways to make a living from music,” the company wrote. “Through Apple Music, music fans around the world enjoy an uninterrupted ad-free experience while knowing that their data is kept private and is only used to enhance their overall music experience.”

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *