Here’s Exactly How Sony Music Is Sharing Its $750,000,000 Spotify Windfall

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

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