"Apple Music Boosts Artist Earnings with Spatial Audio Royalty Increase"

1 min read
Source: The Verge
"Apple Music Boosts Artist Earnings with Spatial Audio Royalty Increase"
Photo: The Verge
TL;DR Summary

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.

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