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Spotify pays ~70% of revenue to rights-holders, so unless you assume that Apple is paying a lot more, Apple Music is almost certainly profitable both as a stand
by CharlesW 1y ago
Spotify pays ~70% of revenue to rights-holders, so unless you assume that Apple is paying a lot more, Apple Music is almost certainly profitable both as a standalone service and as a strategic bundle driver.
- yunwal 1y agoApple pays about 3x as much per stream as Spotify according to most sources. https://musosoup.com/blog/does-apple-music-pay-artists-more-than-spotify https://musosoup.com/blog/does-apple-music-pay-artists-more-...
- kalleboo 1y agoAnd this is because Spotify has a free, ad-based tier that pays way less than the paid premium listeners. Whereas Apple Music is all paying users (ignored the limited free trial)