The short hand version of that is "More than 70% of Apple Music revenues passed to rights owners, Apple confirms" You don't have to believe me. But it works. Especially in a news media context where they try and shorten things for space.And no, it is not future perfect. It is present perfect, IIRC, meaning, on an ongoing basis. passed = is passed Apple Music, whether publicly launched or not, exists now, so it is appropriate to describe it in the present perfect.