Apple will pay music labels more than 70% of Apple Music subscription revenue, Robert Kondrk, VP of iTunes Content, tells Re/code.In the U.S., Apple will pay music owners 71.5 percent of Apple Music’s subscription revenue. Outside the U.S., the number will fluctuate, but will average around 73 percent, he told Re/code in an interview. Executives at labels Apple is working with confirmed the figures.These percentage totals include payments to publishers, labels, and artists, making Apple’s cut around 28.5%. That’s slightly less than the 30% Spotify is getting. However, Apple will not have to pay for songs that are streamed during it’s longer three-month trial period. After the trial period the service will cost $9.99/month, the same as Spotify’s.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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