How Apple Can Afford to Pay Twice as Much as Spotify for Music Streaming

How Apple Can Afford to Pay Twice as Much as Spotify for Music Streaming
Adam Levy, The Motley Fool
·4 min read

Apple (NASDAQ: AAPL) recently gave itself a pat on the back when it wrote a letter to recording artists noting it pays a penny per stream on its Apple Music service. There are a number of factors that enable Apple to pay more per stream to artists while keeping more of its revenue for itself. Spotify offers a free ad-supported tier for listeners, but Apple Music is subscription only.