Apple Music has sent a letter to artists and labels saying that it now pays double what Spotify does per stream on average.According to figures from last year, in the US Spotify paid $0.00437 per stream on average while Apple Music paid $0.00735 on average.In the letter, which was sent to labels and publishers and posted on the platform’s artist dashboard, Apple Music said it now pays one cent per stream on average.
However, it adds that rates vary according to subscription plans and the country listeners are streaming in.“As the discussion about streaming royalties continues, we believe it is important to share our values,” the streaming service said in the letter.
Read more on nme.com
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