Apple Music to pay 0.2 cents in royalties during trial period
MANILA, Philippines – Apple will pay 0.2 cents ($0.002) for every song streamed on its Apple Music platform during its free trial period, a report showed on Wednesday, June 23.
The New York Times wrote in relation to deals made with industry labels, like the Beggars Group, that Apple will pay 0.2 cents to use recordings for their streams during the 3-month trial.
This rate is comparable to those provided on the free tiers of other music streaming services, such as Spotify. (READ: Apple Music inks deals with Beggars Group, Merlin – report)
In a separate report, Billboard said that a smaller payment to music publishers would be added for songwriting rights – approximately 0.047 cents ($0.00047).
Apple Music will go live on June 30. – Rappler.com