“You don’t have to pay anything to try Apple’s new streaming music service, since the company will offer a free three-month trial when it launches at the end of June,” Peter Kafka reports for Re/code.

“But if you stick around after that, you’ll need to pay $10 a month for the on-demand, all-you-can-eat subscription service,” Kafka reports. “And Apple will end up passing along more than $7 of that to music labels, music publishers and other music owners.”

“According to Robert Kondrk, the Apple executive who negotiates music deals along with media boss Eddy Cue: In the U.S., Apple will pay music owners 71.5 percent of Apple Music’s subscription revenue,” Kafka reports. “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.”

Read more in the full article here.

MacDailyNews Take: That’s a tad bit better than Spotify, plus Apple Music doesn’t give it away forever like Spotify. Music labels and musicians will likely reward Apple over Spotify with important exclusives. As Spotify loses paying subscribers to Apple Music, it’s only going to get worse for Spotify.

SEE ALSO:

Does Apple Music’s June 30th launch mark the beginning of the end for Spotify? – June 12, 2015
Lefsetz: Apple Music is toast – June 12, 2015
Apple Music’s secret weapon that almost no one’s talking about – June 11, 2015
Apple confirms that Apple Music will stream at 256kbps – June 11, 2015
Spotify founder: Uh ok, we don’t need to be number one in music streaming – June 11, 2015
Why Apple Music will gut and publicly execute Spotify – June 10, 2015
Spotify CEO claims to be ‘ok’ with Apple Music – June 9, 2015
Jimmy Iovine and Eddy Cue: Apple Music gunning for Spotify, YouTube, and terrestrial radio – June 9, 2015
Something about Apple Music betraying Apple’s brilliance by ignoring ‘The Harry Potter Theory of Marketing’ or some such nonsense – June 9, 2015
Bob Lefsetz on Apple Music: What team is Jimmy Iovine on? – June 9, 2015
Apple Music’s huge advantage over Spotify – June 9, 2015
Apple Music is a major mess and it won’t beat Spotify or something – June 9, 2015
When Apple Music arrives, what happens to iTunes Match? – June 9, 2015
What Apple Music says about how Apple views musicians – June 8, 2015
Apple’s revolutionary Apple Music just might prove its skeptics wrong – June 8, 2015
Apple unveils revolutionary Apple Music service – June 8, 2015