Apple Music Revenue Share to Music Labels and Publishers Explained ➝

Peter Kafka, reporting for Re/code:

Here are the real numbers, according to Robert Kondrk, the Apple executive who negotiates music deals along with media boss Eddy Cue: In the U.S., Apple will pay music owners 71.5 percent of Apple Music’s subscription revenue. Outside the U.S., the number will fluctuate, but will average around 73 percent, he told Re/code in an interview. Executives at labels Apple is working with confirmed the figures.

I’ve heard that Apple Music is far more favorable to artists than other music streaming services on the market.