"Apple Music Boosts Artist Earnings with Spatial Audio Royalty Increase"
TL;DR
Apple Music will offer artists a bonus payout of up to 10 percent in royalties for songs available in spatial audio, with the pro-rata shares for spatial plays being calculated using a factor of 1.1. This move comes as an increasing number of new songs are being released in both Dolby Atmos and stereo, with a 5,000 percent increase in spatial audio availability since its 2021 launch. Spatial audio is supported across Apple's new devices, and is also available on Tidal, Amazon Music Unlimited, Netflix, and HBO Max, while Spotify is yet to introduce a similar offering.
Topics:technologymusictech#apple-music#dolby-atmos#musictech#royalties#spatial-audio#streaming-platforms
- Apple tells artists how much more money they can make with spatial audio The Verge
- Apple Music will now pay 10% higher royalties to artists for Spatial Audio music 9to5Mac
- Apple Music to pay artists up to 10% higher royalties for music available in Spatial Audio Music Business Worldwide
- Apple Music Will Pay Artists More for Higher Quality Audio Rolling Stone
- Apple Music to Pay Higher Royalties for Spatial Audio Tracks Billboard
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