Apple Music will launch on June 30. Until then, here is a snapshot of the current music streaming offerings via The Huffington Post:
There has been discussion about the percentage Apple will be paying rights holders. ReCode authoritatively reported Apple will pay over 70% of revenue. Peter Kafka goes on to succinctly summarize Apple’s offering:
Apple’s pitch to the music industry, essentially, is that its seven-tenths of a dollar will be worth much more than Spotify’s seven-tenths of a dollar in the long run, because its free service isn’t meant to compete with its paid service, and because it will sign up many more subscribers than Spotify, which says it has 20 million paying users.
Beats Music Now 