latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/apple-music-sets-50m-fund-for-independent-labels-8211-rolling-stone-57957678 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Apple Music sets $50M fund for independent labels – Rolling Stone

Brazil Pay TV Down Record Amount In 2019, With Losses Continuing In Q1'20

Impact of COVID 19 on US Video Entertainment Trends

Case Study: Transforming Sales Enablement Data at a Global Advertising and Media Firm

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Apple Music sets $50M fund for independent labels – Rolling Stone

Apple Music will launch a $50 million advance royalty fund to support independent labels, Rolling Stone reported, citing a letter sent to the labels.

Independent labels that have a direct distribution deal with Apple Inc.'s music streaming segment and that earn at least $10,000 in quarterly earnings on the platform will be entitled to the advanced royalty.

The advance payment will depend on the label's past earnings and is recoupable against the label's future earnings.

The fund is intended to help labels pay artists and cover operational expenses.