In the dust up surrounding the Apple Music Launch and the leaked agreement that lead to speculation that Apple was paying indies less than the often heard 70% to rights holders an interesting thing happened.
Industry executives and commenters at Digital Music News reported that Spotify was also paying indies less than 70% and closer to the 58%, or less than Apple.
Update to June 15th, and Apple is not only stating that they are paying 70%, but a more aggressive 71.5% to 73% of revenues depending on territory.
But what makes this that much more interesting is that Spotify has now been outed as NOT paying the commonly accepted 70% of revenues and also has NOT responded to the claims being made at Digital Music News…
So how much is Spotify actually paying? So much for openness and transparency…
You must be logged in to post a comment.