What you need to know
- Apple Music has signed a multi-year deal with several of the world's largest record labels.
- That includes Universal Music, Sony Music, and Warner Music.
- The deal does not include provisions to bundle Apple Music with any other service.
Apple Music has reportedly signed a multi-year deal with several of the world's largest record labels including Universal and Sony.
According to Financial Times, the new deal was signed in "recent months" and includes Universal Music, Sony Music, and Warner Music. That means licensing is covered for several massive artists including Taylor Swift, Lady Gaga, Rihanna, Beyonce, and Ed Sheeran.
According to reports, the deal does not include any provisions for bundling Apple Music with any other service. Reports towards the end of last year suggested that Apple may be planning to bundle services like News+ and TV+ with its more popular Apple Music. The report claims such a deal may be months away.
The news comes in wake of recent reports suggesting that Apple Music pays significantly more per stream than any other major streaming service. From that report:
Apple Music reportedly has over 60 million subscribers on the platform.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9