https://www.theverge.com/2017/9/7/16265856/apple-music-warner-music-streaming-spotify-liscensing-deal >Apple has agreed to a new music licensing deal with Warner Music Group, according to a report from Bloomberg. The new multi-year agreement will allow Apple to pay Warner a smaller percentage of its streaming revenue than it agreed to when it launched Apple Music two years ago. >Apple’s original licensing deals for Apple Music had it paying labels roughly 58 percent of its streaming sales, a rate that was higher than Spotify at the time. The higher initial rate, sources say, was due to the labels’ fear of Apple Music cannibalizing the sales of iTunes — the music industry’s biggest money maker for years — but that hasn’t been the case thus far.