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Apple's latest move shows streaming is the main way we listen to music (AAPL) BI Intelligence This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here. Apple aims to reduce the revenue cut music labels receive from Apple Music, which is currently 58%, according to Bloomberg. Apple is in talks with Sony Music, Warner Music, and Universal Music — which own the rights to most of Apple Music's songs — as current contracts are expiring soon. Here’s why the news is important: Its indicative of the shi...
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