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Apple Music to pay artists up to 10% higher royalties for music available in Spatial Audio
Music available in Spatial Audio will now receive a greater share of royalties from Apple…
The news follows a report from Bloomberg in December that Apple Music was planning “to give added weighting to streams of songs” mixed in Dolby Atmos. Apple Music said on Monday (January 2022) that the upcoming “change is not only meant to reward higher quality content, but also to ensure that artists are being compensated for the time and investment they put into mixing in Spatial”. Spotify is rumored, however, to be preparing a ‘Supremium’ tier that offers 24-bit Lossless music and the ability to make playlists with artificial intelligence at a monthly subscription price of $19.99 per month.Music Business Worldwide
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