Spotify revenues overtake iTunes for Kobalt clients in Europe
Kobalt writers’ European earnings from Spotify have overtaken those from iTunes.
Roylties collected from Spotify’s streaming service in Q1 2014 were 13% higher than those from the iTunes download store.
By comparison, Kobalt writers’ earnings over the two previous quarters showed that European iTunes publishing income was 32% higher than that for Spotify in Q3 2013, with the gap shrinking to 8% in Q4 2013.
[Interesting to note that one of Kobalt's key clients is Max Martin - co-writer of ...
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