Apple Music Signs New Multiyear Deals With World's Largest Record Labels

Apple Music has secured new deals for songs from major record labels that include Universal Music, Sony Music, and Warner Music, reports Financial Times.

applemusic
The licensing deals, which have been signed "in recent months," will allow for music from popular artists like Taylor Swift, Lizzo, Adele, and others to continue to be streamed on the ‌Apple Music‌ service.

There are no terms in the deals for bundling ‌Apple Music‌ with Apple TV+, so despite rumors that Apple is working on bundling its subscription services, such a bundle does not appear to be in the works at this time.

Apple revisits deals with major record labels every few years to determine royalty rates and renew rights to songs. Apple has inked multiyear deals at this time, but ‌Apple Music‌ competitor Spotify is said to be having a harder time.

Spotify has been in licensing talks with Universal Music and Warner Music for approximately a year and the record labels have been extending existing agreements on a month by month basis as they work to agree on new terms.

As of last summer, ‌Apple Music‌ had 60 million paid subscribers. Apple hasn't released updated data since then, but Spotify in October said that it had 113 million paying subscribers.

Top Rated Comments

H3LL5P4WN Avatar
25 months ago
Any mention of Apple Music increasing payout to artists?
Score: 7 Votes (Like | Disagree)
sos47 Avatar
25 months ago
When does Apple Music support ALAC (or ... FLAC)?
thank you for any hint
Score: 6 Votes (Like | Disagree)
Michael Scrip Avatar
25 months ago

I would be interested to hear a response to this from someone who knows the answer. At least in the media, streaming companies are criticized for how much money is paid to artists, making it seem as if streaming companies like Spotify and Apple are at fault for the amounts artists receive.
All I know is this... the music industry has never been fair to the artist. There are too many fingers in the pie.

In the old days... artists would be lucky to make $1 for each $16 CD sold. The other $15 went to labels, producers, songwriters, distributors, manufacturing, retailers, etc.

The artists were getting screwed long before we had MP3s and streaming.

I'm assuming it's the same today... where the artist still only gets a tiny portion.

We know Apple and Spotify pay royalties for every song streamed. But I'm guessing it then gets split among of those entities listed above.

I, too, would love to know the intricacies of how this all works.
Score: 4 Votes (Like | Disagree)
H3LL5P4WN Avatar
25 months ago

When does Apple Music support ALAC (or ... FLAC)?
thx
Dude.

(Probably when they release a 1tb iPhone.)
Score: 3 Votes (Like | Disagree)
Michael Scrip Avatar
25 months ago

Any mention of Apple Music increasing payout to artists?
Isn't that between the labels and the artists?

If artists aren't getting enough money... I'd think it would be the labels' fault (Universal, Sony, Warner)... not the distribution mechanism (streaming services, record stores, etc)
Score: 3 Votes (Like | Disagree)
gsmornot Avatar
25 months ago
Streaming was the answer to theft. People are more likely to contribute revenue if it's affordable. Like it or not, the money streaming does pay is better than the alternative.
Score: 2 Votes (Like | Disagree)

Popular Stories

airpodsinear 1

AirPods Save Woman's Life With Feature Everyone Should Know

Friday January 21, 2022 2:13 am PST by
Apple's AirPods have been credited with saving a woman's life after a potentially fatal fall, People reports. When a 60-year-old florist in New Jersey tripped and hit her head in her studio, she lost consciousness and awoke heavily bleeding. With nobody around to call for help, she realized she had her AirPods in, and used a "Hey Siri" command to call 911. An operator was able to stay on the ...
Upcoming Products 2022 Feature

Gurman: Apple Preparing 'Widest Array of New Hardware Products in Its History' for Fall

Sunday January 23, 2022 10:32 am PST by
Apple is working on a number of new products that are set to launch this fall, and Bloomberg's Mark Gurman says that it will be "the widest array" of new devices that Apple has introduced in its history. In his latest "Power On" newsletter, Gurman explains that Apple is working on four new flagship iPhones (iPhone 14, iPhone 14 Max, iPhone 14 Pro, and iPhone 14 Pro Max), an updated low-end Ma...
Questionable Design Decisions

Apple's Most Questionable Design Decisions in Recent Memory

Sunday January 23, 2022 2:59 am PST by
Apple has always emphasized the depth of thought that goes into the design of its products. In the foreword to Designed by Apple in California, a photo book released by the company in 2016, Jony Ive explains how Apple strives "to define objects that appear effortless" and "so simple, coherent and inevitable that there could be no rational alternative." But every once in a while even Apple...
top stories 2022jan22

Top Stories: Spring Apple Event Rumors, Apple Opposes Sideloading, and More

Saturday January 22, 2022 6:00 am PST by
As we roll into the latter half of January, we're starting to hear more about a potential spring Apple event, which is likely to take place in March or April. There are a number of potential announcements on deck, so an event would be a good opportunity for Apple to get them all out there. We've also been going back and forth on some iPhone 14 rumors, and we've taken a look at a number of...
att gigabit internet

AT&T Bringing $180/Month 5-Gigabit Internet to 70 Cities

Monday January 24, 2022 9:20 am PST by
AT&T today announced the launch of upgraded AT&T Fiber plans, which support speeds of up to 5 Gigabits for some customers. There are two separate plans, one "2 GIG" plan and one "5 GIG" plan, available to new and existing AT&T Fiber subscribers. According to AT&T, the new plans are available to nearly 5.2 million customers across 70 metro areas including Los Angeles, Atlanta, Chicago, San...
macbook pro 14 16 2021

Three Months After Launch, Apple Still Struggling to Meet Demand for Redesigned 14-Inch and 16-Inch MacBook Pro

Monday January 24, 2022 7:12 am PST by
Three months after their launch, the 14-inch and 16-inch MacBook Pros continue to experience high demand and seemingly short supply, with shipping dates for both models stretching into multiple weeks in several of Apple's key markets. In the United States, the baseline 14-inch MacBook Pro with the M1 Pro chip is estimated to ship in three to four weeks, promising an arrival by at least...
peloton tv workout cardio

Apple Floated as Potential Buyer of Peloton

Friday January 21, 2022 6:11 am PST by
Following months of bleak news about Peloton's "precarious state," including the revelation that it has halted production of its bikes and treadmills, Apple is being floated as a potential buyer of Peloton's troubled fitness business. Yesterday, CNBC reported that Peloton will temporarily stop production of its connected fitness products due to a "significant reduction" in consumer demand, a ...
Spring 2022 Apple Products Feature

New iPad Air, Macs, and iPhone SE With 5G Likely to Be Announced at Apple Event This Spring

Thursday January 20, 2022 8:32 am PST by
Earlier this week, Bloomberg's Mark Gurman tweeted that Apple "will be holding a spring event" to announce a new iPhone SE and other hardware. In a recent edition of his newsletter, Gurman said the event is likely to occur in March or April. Gurman did not elaborate on what "other hardware" will be announced at Apple's purported spring event, but rumors suggest at least four products are...