Apple Music Launches $50 Million Advance Royalty Fund to Make Sure Independent Labels Can Pay Artists

Apple Music today told independent record labels that it is launching a $50 million advance royalty fund to make sure that artists get paid amid the ongoing pandemic. In letters sent out to record labels that were seen and shared by Rolling Stone, Apple said that livelihoods are at risk and that it “wants to help.” These are difficult times for the music industry globally. Livelihoods are at