Wednesday, April 8, 2020

Apple Music has pledged up to $50 million in advance royalty payments to indie labels

Apple recently sent out an email to many of its signed smaller music labels, laying-out a good-faith plan for advancing royalty payments to artists in need. Apparently, the fund can provide up to $50 million in payments to help artists weather the ongoing COVID-19 crisis. These are difficult times for the music industry globally. Livelihoods are at risk, with multiple sources of income that our industry relies on vanishing overnight. Apple has a deep, decades-long history with music, and we are proud to be in close partnership with the best labels and artists in the world. We want to...

via shopmatrix

No comments:

Post a Comment

Honor Magic V2 RSR Porsche Design is coming to Europe

Earlier today, Honor finally launched the Magic V2 in Europe, almost five months after its initial announcement. Don't miss our unboxin...