Surely you have wondered on some occasion or other why there is no more competition in the prices we pay for music streaming services, but it is very difficult to adjust these prices. There are so many royalties that companies have to pay that it is hardly profitable for them to maintain services like this (Spotify has not been profitable until recently). Now they are going to raise that percentage ...
And the US Copyright Royalty Board wants its artists to collect more royalties for their music. An increase of almost 44% that streaming music services do not want to go through. TO Apple Music does not seem to care about this upload ...
It must be said that streaming music companies have their reasons to complain, artist royalties would go from 10,5% to 15,1%, a percentage that will increase substantially and will entail a significant outlay for companies. As we tell you, Apple wants to refuse the war of their colleagues, they accept the decision and understand that the rise is fair for the artists. Yes, it is very nice that Apple wants to pay more to its artists but obviously nobody likes to have the price of something raised.
And now, news like this gives us a lot to think about. And is that yes Apple Lossless Audio CODEC (ALAC), was, as all the rumors suggest, about to launch a new streaming content service, a new service, it might be good for you to get along with regulators. That is, the fact that Apple is the only one that does not complain can cause the copyright agency in the United States to grant a a certain preference for the boys of Cupertino when negotiating to take over the rights of an artist. We will see if this week we already have any news of the Keynote where the next Apple service is launched.
