Artists were able to share special content with fans through Connect. According to Billboard, the minimum royalty rate includes 45 percent of net advertising revenue plus $21.25 for each 1,000 listener hours in the first year and $22.25 for the remainder of the license agreement.Īlso, Digital Music News reports Apple is threatening to punish iRadio holdouts by removing their music from the iTunes music store.Apple Music used to have an artist-based social networking feature called Connect. This also allows Apple to not pay for song skips. ITunes Radio will also allow listeners up to six song skips each hour, provided they skip within the first 20 seconds of a song. iTunes Radio was announced earlier this month. Apple will also offer a 15 percent share of net advertising revenue for the first year in subsequent years, the rate rises to $0.0014 plus a 19 percent share of net advertising revenues. The latest I could find was this:ĮDIT: Latest one is this and it's pretty pitiful even tho it may be the going industry rate:Īpple is offering independent musicians a non-negotiable royalty rate of $0.0013 per stream on iTunes Radio, according to Digital Music News. You got me wondering how iRadio pays music companies. Yeah, Spotify reportedly uses some creative accounting when it comes to artist's royalties. Is rather support a platform that actually helps artists.
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