Sony is now splitting its considerable Spotify pie with artists and sub-labels. The major label offered detailed payout information in a letter issued Thursday (June 14th), with generous terms laid out. At a top level, Sony Music is offering to split its Spotify windfall based on how much revenue a particular artist generated during the time the company retained an equity position.
Source: Here’s Exactly How Sony Music Is Sharing Its $750,000,000 Spotify Windfall