News

October 17, 2023

Apple Music click-through agreements and financial reporting updates

To recognize the creative investment and value that high-quality Spatial Audio brings to both fans and artists, we will be making changes to how royalties are calculated. Plays of content available in Spatial Audio will receive a higher royalty value.

Please accept the new agreement for each applicable territory in Agreements, Tax, and Banking on iTunes Connect.

The Apple Music financial reports have been updated to reflect these changes. Updated layouts for the impacted reports can be found in the iTunes Connect Payments and Financial Reports Guide.