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Streaming Services Try To Lower Royalty Rates For Songwriters, Publishers To Previous ...

SPOTIFY, AMAZON and PANDORA are proposing to the COPYRIGHT ROYALTY BOARD the lowest rates for publishers and songwriters for the period spanning 2023-2027 since 2018.The CRB posted the rate proposals for the term, also known as PHONORECORDS IV, yesterday, recommending lower rates, mathematically speaking, than any of the yearly figures set by the CRB PHONORECORDS III determination that covers 2018–2022. That rate is now under an APPEALS COURT remand and it is unsure whether it ...

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Publishers Want 32% Rate Increase From Royalty Board & Streaming Services

According to BILLBOARD, MUSIC PUBLISHERS’ ASSOCIATION (NMPA) is seeking a 32.4% increase in royalties for songwriters in the headline rate to 20% of streaming service’s (including SPOTIFY, APPLE, AMAZON, PANDORA and GOOGLE) revenue for a full five-year term for PHONORECORDS IV, covering 2023 through 2027. That's following yesterday's deadline for proposed royalties from digital services, which asked the US COPYRIGHT ROYALTY BOARD (CRB) for the lowest rates in history.The NMPA is ...

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