Friday, November 22, 2024

Extra Spatial Audio tracks might flood into Apple Music as artists inspired by 10% royalty enhance for encompass sound format streams

Apple Music will now pay as much as 10% extra to artists who create music in its immersive spatial audio format, as the corporate seems to push its encompass sound format. 

Based on Music Enterprise Worldwide, from January “music out there in Spatial Audio on Apple Music will obtain a larger share of royalties from the platform.” The report says Apple despatched an replace to its label companions confirming that starting with January 2024’s month-end funds “pro-rata shares for Spatial Obtainable performs will likely be calculated utilizing an element of 1.1 whereas Non-Spatial Obtainable performs will proceed to make use of an element of 1”.



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