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Apple Will Pay More To Streaming Music Producers Than Spotify -- But Not Yet

Posted by timothy on from the first-three-are-free dept.

Reader journovampire supplies a link to Music Business Worldwide (based on a re/code report) that says Apple's new Apple Music service, after a trial period during which the company has refused to pay royalties, is expected to pay a bit more than 70 percent of its subscription revenue out to the companies supplying it, rather than the 58 percent that some in the music industry had feared. Notes journovampire: "If 13% of iOS device users in the world paid $9.99-per-month for Apple Music, it would generate more cash each year than the entire recorded music biz manages right now."

6 of 141 comments (clear)

  1. 13%?? Keep dreaming by master_kaos · · Score: 3, Insightful

    Between family share plans, people who have multiple devices, and people who have zero interest in apples streaming platform, there is no way they will get a 13% paid subscription rate.

  2. Not for me... by Lumpy · · Score: 3, Insightful

    I refuse to pay for any service that rewards the scum that is the record industry. Free services only for me or my own music ripped off of used CD's.

    I am the record industry's worst nightmare, someone that buys CD's but only second hand. It's the best way to steal from them.

    --
    Do not look at laser with remaining good eye.
    1. Re:Not for me... by N1AK · · Score: 3, Insightful

      I think you're giving yourself too much credit. Who sells CDs second hand: People who buy CDs, including people who buy them new; and what do they do with the money raised by selling music... at least partly use it to purchase new music.

      You're the music industries worse nightmare in the same way the guy who buys 2nd hand cars, and indirectly keeps the new car and trade-in markets going, is Ford's worst nightmare: In. No. Way. At. All.

  3. Re:0x4650 by MitchDev · · Score: 2, Insightful

    Just get an mp3 player, rip your discs (used music shops and garage sales are great for bargain hunting), no internet connection required, no monthly fee

  4. ...the company refused to pay royalties... by xxxJonBoyxxx · · Score: 3, Insightful

    >> ... a trial period during which the company has refused to pay royalties...

    How, exactly, did they get away with millions of unpaid plays that at the same time we're reading a story about the royalty police going after a mom-and-pop restaurant for a song or two?

  5. That's my problem by quantaman · · Score: 4, Insightful

    "If 13% of iOS device users in the world paid $9.99-per-month for Apple Music, it would generate more cash each year than the entire recorded music biz manages right now."

    I sure as hell don't purchase $120 in music per year, even when the CD was king I doubt many ever did.

    So why do they suddenly expect us all to start spending as much on music as the most vociferous consumers?

    $3-5 monthly, $36-60 per year, that's a price point where subscription services start making sense to me.

    --
    I stole this Sig