Apple Music Won't Be Major Revenue Source For Artist and Labels?

(Radio.com) Now that Apple Music has agreed to pay artists for streams within their three-month free trial period, you may wonder exactly how much they will be paid.

According to a report from Newser, it will amount to .2 cents per stream. This puts it on par with other streaming services, and cements it as not a significant source of income for most artists.

Essentially, if you listen to five songs by your favorite artist, they will get a penny, and 500 songs will get them a dollar. For them to make $1,000, they will need to be streamed 500,000 times. Read more here.

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Copyright Radio.com/CBS Local - Excerpted here with permission.

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