Indie labels say Apple Music's spatial audio royalties only 'benefit the biggest player'

Apple's new plan to give a higher cut of royalties to artists who offer spatial audio has pissed off some indie labels, who argue it will take potential earnings away from them in favor of companies with more resources at their disposal, according to a report from the Financial Times . Apple last month started offering 10 percent higher royalties to artists who release spatial audio tracks on Apple Music. But, this comes out of the same fixed pool of money also used to pay artists who do not off...