Apple’s idea for music royalties could stick it to Spotify

The New York Times and Billboard report that Apple Inc. has a suggestion on how to figure out those rates that oh-so-coincidentally would negatively impact services with free streaming options like Spotify (heating up their back-and-forth battle) and YouTube. […] the proposal (which has not been made public) would have streaming services pay 9.1 cents in songwriting royalties for each 100 plays, equal to the royalties of one download. This is much simpler than the current setup, which pays out a percentage of revenue and is obviously much lower for a free service. – Richard Lawler, Engadget http://engt.co/29JbaSJ