Indie labels say Apple’s Spatial Audio royalties will take money away from them

Independent record labels, including Beggars Group, Secretly Group, and Partisan Records, representing artists like Adele, Phoebe Bridgers, and Vampire Weekend, are unhappy with Apple's new royalties for spatial audio. They argue that it will benefit bigger labels and reduce earnings for independent artists. Streaming payouts and the cost of producing songs in spatial audio are also concerns.

Indie labels say Apple’s Spatial Audio royalties will take money away from them
Independent record labels, including Beggars Group, Secretly Group, and Partisan Records, representing artists like Adele, Phoebe Bridgers, and Vampire Weekend, are unhappy with Apple's new royalties for spatial audio. They argue that it will benefit bigger labels and reduce earnings for independent artists. Streaming payouts and the cost of producing songs in spatial audio are also concerns.