Apple signed a new deal with major music label Warner Music, which have reduced prices on music from the Apple Music. It is reported Bloomberg.
Now Apple will transfer holders of 55% of the profits from its music service, not 58% as previously.
Apple also signed a similar agreement with Spotify. The company will be able to list the Studio for 52% of the profits, but the discount will only be after reaching the required number of subscribers.
It is noted that Apple will conduct similar negotiations with other major labels – Sony Music Entertainment and Universal Music Group.
According to the International Federation of the Phonographic industry, global music sales rose 5.9% to $ 15.7 billion in 2016, According to Goldman Sachs, by 2030 this figure will reach $41 billion
Earlier it was reported that the Chinese company Huawei for the first time surpassed Apple in the number of mobile phones sold in the world.