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“Artists in Europe get more revenue from Spotify than from iTunes
Spotify gave artists in Europe early this year over iTunes sales data show that a company has released that royalties for artists int. In the first three months of 2014, the turnover of Spotify was 13 percent higher than that of iTunes. Was
The catching of Spotify in Europe would have gone fast: in the third quarter of 2013, the sales of iTunes for artists was still 32 percent higher than Spotify. Which would lead only 8 per cent in early 2014 and a quarter later iTunes Spotify would therefore have overtaken in terms of sales for artists.
The figures are according to TechCrunch from Cobalt, a British company that collects royalties for six thousand songwriters including big names like Maroon 5 and Lenny Kravitz. and artists, According Cobalt streaming services now provide 10 percent of the income of its customers in Europe. The figures seem to confirm that the music sales through iTunes on the wane, though Cobalt has no data over the last two quarters of 2014. Moreover, Apple has already admitted that the sale falls themselves.
Spotify is regularly under fire because the artists would yield little. Thus singer Taylor Swift last week pulled its music service Spotify would because in her words are “modern piracy”. Spotify itself claims 70 percent of its revenue to pay to artists.Viewing:-202
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