Copyright Royalty Board Confirms Streaming Royalty Raise for Publishers and Songwriters

In a big win for the publishing and songwriting community, the Copyright Royalty Board reaffirmed the 15.1% headline rate increase in royalties paid by streaming services to publishers for the 2018-22 period.

The rate was decided in 2018, but streaming services Spotify, Amazon Music, YouTube/Google and Pandora appealed the following year, arguing that the increase will make their business models untenable in light of the billions of dollars that they already pay in royalties. (Apple Music, the world’s second-largest music-streaming service, is not involved in these proceedings.)

While the decision was not immediately released publicly, sources and National Music Publishers Assn. president/CEO David Israelite shared that the headline rate

→ Continue reading at Variety

Similar Articles

Advertisment

Most Popular

Bad Bunny’s ‘Un Verano Sin Ti’ Extends No. 1 Run to Seven Weeks

Bad Bunny’s “Un Verano Sin Ti” has extended its No. 1 run on the Billboard 200 album chart, notching a seventh nonconsecutive week in...

In ‘A League of Their Own,’ Abbi Jacobson Makes the Team

Abbi Jacobson really can play baseball, she insisted. Just not when the cameras are rolling. “I fully get the yips when someone is watching...

Suspect in July incident at Lynnwood Pick-N-Pull arrested in Yakima

The 26-year-old man was booked on two counts of first-degree assault, kidnapping, unlawful possession of a firearm, and harassment. YAKIMA, Wash. — The...