music industry
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Apple Music Says It Pays Artists an Average of One Cent Per Stream, Which Is Somehow Good
We now have a clearer picture of how Apple Music compares to Spotify in terms of royalties.
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1% Of Recording Artists Earn 77% Of Recorded Music Revenue
Thanks to the internet, there are now more ways than ever to get music. But this hasn’t allowed smaller artists to get a bigger share of the financial pie. In fact, the top 1 per cent of artists now collect 77 per cent of all revenue from recorded music.