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.
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.
Popular Stories
As previously rumored, the next-generation iPhone 15 Pro and iPhone 15 Pro Max will feature a unified volume button and a mute button, according to leaked CAD images shared in a video on the Chinese version of TikTok and posted to Twitter by ShrimpApplePro.
Instead of separate buttons for volume up and volume down, the iPhone 15 Pro models are expected to have a single elongated button for...
Apple says iOS 16.4 is coming in the spring, which began this week. In his Sunday newsletter, Bloomberg's Mark Gurman said the update should be released "in the next three weeks or so," meaning a public release is likely in late March or early April.
iOS 16.4 remains in beta testing and introduces a handful of new features and changes for the iPhone. Below, we have recapped five new features ...
The iOS 16.4 update that is set to be released to the public in the near future includes voice isolation for cellular calls, according to notes that Apple shared today.
Apple says that Voice Isolation will prioritize your voice and block out the ambient noise around you, making for clearer phone calls where you can better hear the person you're chatting with and vice versa.
Voice...
A first-generation iPhone still sealed inside its box sold for $54,904 at auction, which is more than $54,000 over the original $599 price tag of the device when it was released in 2007.
The original iPhone was put up for sale by RR Auction on behalf of a former Apple employee who purchased it back when it first came out. Back in February, an original, sealed iPhone sold for over $63,000,...
The iOS 16.4 release candidate version that was provided to developers today appears to hint at a new set of AirPods that could be coming in the near future. According to @aaronp613, the beta features references to AirPods that have a model number of A3048 and an AirPods case with a model number of A2968.
There have been no rumors that new AirPods are on the horizon, and it is early for...
Apple today seeded the release candidate versions of upcoming iOS 16.4 and iPadOS 16.4 updates to developers for testing purposes, with the software coming a week after the launch of the fourth betas. The RCs mark the final version of the software that will be provided to the public in the near future. Registered developers are able to download the iOS 16.4 and iPadOS 16.4 updates...
Google today began allowing users to sign up to use Bard, its AI-powered chatbot that rivals Microsoft's Bing chatbot. First announced back in February, Bard is an experimental conversational AI service for Google Search.
Those interested in Bard can join Google's waitlist to get access, and some users have reported getting invitation emails just hours after signing up. There are a long list ...
Samsung today kicked off a special "Discover Samsung" event, which will be a week-long savings event focusing on Samsung monitors, smartphones, TVs, appliances, and more. While some deals will stick around the entire week (through March 26), others will refresh every day.
Note: MacRumors is an affiliate partner with Samsung. When you click a link and make a purchase, we may receive a small...
Top Rated Comments
thank you for any hint
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.
(Probably when they release a 1tb iPhone.)
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)