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Apple Music pays an average of $0.01 per stream to its artists

Shortpedia

Content Team
Image Credit: Shortpedia

Technology giant Apple has revealed in its letter that it pays an average of $0.01 per stream to the artists. Besides that, the company also pays the same 52% headline rate to all labels as against other services which pay “a substantially lower rate” to independent labels. Similarly, the same thing is paid to every publisher and licensor in all countries.