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It was a typo meant to be "worth noting". Many people have bandied about Apple's "higher rate" than Spotify, but the difference is likely to be only one hundre
by JohnTHaller 11y ago
It was a typo meant to be "worth noting". Many people have bandied about Apple's "higher rate" than Spotify, but the difference is likely to be only one hundredth of a cent per stream. Apple will pay out 71.5% of their $9.99 fee vs the 70% that Spotify does. An extra $0.15 a month per subscriber divided by all streams works out to about one hundredth of a cent per stream difference. So, a popular artist's paycheck for millions of plays of their song would be $10,200 vs $10,000 using the typical average streaming payout of a little over 1/2 a cent per play.
Plus, there's the fact that Apple Music will cannibalize a lot more iTunes sales than Spotify does.