Apple Music’s rates cut puts dent in labels’ pockets | New York Post

Apple Music’s rates cut puts dent in labels’ pockets

Apple has $205 billion-plus cash on hand, but the struggling music labels gave its nascent subscription streaming service Apple Music a big financial break. Universal Music owner Vivendi admitted a…

http://nypost.com/2015/11/14/apple-musics-rates-cut-puts-dent-in-labels-pockets/