Apple Sweetens The Mix For Artists With 10% Royalty Bonus For Spatial Audio On Apple Music: Report

In a recent development, Apple Inc. (NASDAQ:AAPL) has announced a new financial incentive for artists who make their music available in Spatial Audio on Apple Music. The move is expected to boost further the adoption of Spatial Audio among artists and subscribers.

What Happened: Apple Music will now pay artists up to 10% more in royalties for tracks with a spatial version available, reported 9to5Mac. This new incentive will be effective from January’s payouts.

Artists will receive the bonus regardless of whether Apple Music users listen to the spatial version. The bonus is calculated based on the proportion of Spatial Available to Non-Spatial Available plays. Therefore, artists who offer all their music in spatial will receive a 10% royalty bonus as a reward for delivering higher quality content and a form of compensation to recognize the additional time and effort required to mix in Dolby Atmos.

See Also: Jim Cramer Says Customers Can Buy 60-Inch TV At Walmart For $289 Than Apple Vision Pro: ‘Don’t Think People Have $4,000 Sitting Around’

Apple Music has seen a significant increase in the number of songs available in Spatial Audio, with the figure rising by nearly 5000% since the feature was launched in 2021. The number of songs available in Spatial Audio has more than doubled in the last year alone.

Why It Matters: This move by Apple Music comes in the wake of the European Parliament’s call for fair and sustainable rules in the music streaming industry. The Parliament has urged the creation of EU regulations to address the current imbalances in the sector.

It also follows the discontinuation of the Apple Music Voice Plan, a subscription service introduced in 2021 that allowed users to access the Apple Music library via Siri on various devices.

Read Next: Carl Pei Thanks Elon Musk For Nothing Phone Cameo In Tesla Cybertruck Ad

Photo by nikkimeel on Shutterstock