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News: Report: Apple’s low royalty offer stalls music streaming

Posted on January 1, 1970 by

Apple’s proposed streaming music service is being held up by the company’s low offer for royalty rates, according to the New York Post. Sources said Apple has offered record labels around 6 cents per 100 songs streamed, about half of what Pandora offers: 12 cents per 100 songs streamed. A […]

Read the original post by Phil Dzikiy

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