Artists that signed directly to The Orchard are being paid based on the royalty rate in their contracts.
Sony says that The Orchard did not have any equity in the Sony Spotify deal, which was executed before Sony Music owned 100 percent of the company.
Starting August 2018, Sony Music will begin sending checks; sharing its $750 million windfall from the sales of Spotify stock with the independent artist’s it distributes through its Orchard subsidiary!
Congratulations @genre! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Award for the number of upvotes received
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
To support your work, I also upvoted your post!
Do not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit