click to enlarge Music publisher Kobalt has released new stats which show that its writers’ European earnings from Spotify have overtaken those from iTunes. Royalties collected from Spotify’s streaming service in Q1 2014 were 13% higher than those from the iTunes download store in the EU. These numbers says as much about the decline in digital music sales as they do about the rise in Spotify payouts. Together they speak volumes of where the industry is headed. Trending By comparison, Kobalt writers’ earnings over the two previous quarters showed European iTunes publishing income 32% higher than that for Spotify in...

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