Apple is asking music labels to take a smaller cut of revenue from streaming
CULTURE
June 22, 20171 min read, 277 words

Apple is asking music labels to take a smaller cut of revenue from streamingApple is asking music labels to take a smaller cut of revenue from streaming

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Published: June 22, 2017  |  1 min read, 277 words
ByShareApple is asking music labels for a reduction in the revenue rate it pays out from its music streaming service, according to sources close to the situation. Apple is renegotiating its licensing deals for Apple Music and iTunes with the three major music labels, which expire...
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Credible
June 22, 2017
It'll be interesting to see how the music industry responds, especially as many make streaming revenue from Spotify.
June 22, 2017
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