Apple Music Wants To Reduce Royalty Rates To Artists

Apple Music Wants To Reduce Royalty Rates To Artists

This looks bad. Real bad. But is it? Apple, one of the newer players in the world of online digital music streaming. Are reportedly coming to the end of long licensing deals with record labels for both Apple Music and iTunes. With sources at Bloomberg saying that these are done by June. The big three labels are Universal Music Group, Sony Music Entertainment and Warner Music Group. All be in negotiations with the streaming services over how…

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