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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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