Apple “sits in the sweet spot generating the second largest amount of streaming revenue with a per stream rate .00735,” nearly double what Spotify is paying, according to The Trichoridist, an artists rights website. In other words, Apple Music plays more cash per stream to artists.
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Spotify’s average per-stream payout has fallen by 16% since 2014, generating just $0.00437 per stream for the label in 2016, down from $0.00521 in 2014. Apple’s$0.00735 generated 68% more revenue than Spotify.
However, Spotify has a near monopoly on streaming market share dominating 63% of all streams and 69% of all streaming revenue. Despite the lower payout, Spotify accounted for 69.6% of the labels’ overall streaming revenues; Apple accounted for 13.4%.The top 10 streamers account for 99% of all streaming revenue.
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