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YouTube music head says company pays higher royalties than Spotify in US

Cohen rebuts the common belief that YouTube pays less than Spotify or Pandora, saying that his service pays more than $3 per thousand streams in the US, “more than other ad supported services.” Cohen, who has been trying to patch things up between YouTube and the music industry, believes that songwriters and artists need to know what they’re making. “It’s not enough for YouTube to say that it’s paid over $1 billion to the industry from ads,” he writes. “We (the labels, publishers and YouTube) must shine a light on artist royalties, show them how much they make from ads compared to subscriptions by geography and see how high their revenue is in the U.S. and compared to other services.”

Engadget

I have never been a huge fan of YouTube Music but glad to see they are paying hardworking artists well.

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