Government Orders Massive Increase in Streaming Rights Fees

Government Orders Massive Increase in Streaming Rights Fees

Even so, that still represents "the most favorable balance in the history of the industry", said David Israelite, president of the music publishers association.

Mechanical royalties are due whenever someone makes a copy of a song. Writers and publishers have argued for years that the existing process unfairly slants the marketplace and does not pay fairly for digital music. "This is the best mechanical rate scenario for songwriters in USA history which is critically important as interactive streaming continues to dominate the market", NMPA CEO David Israelite said in a statement.

Songwriters will now also be allowed to claim late fees if they are not remunerated in good time.

USA law requires the CRB to set the rates for mechanical licences as opposes to letting publishers negotiate directly with the streaming services. 2022, the percentage of revenues owed songwriters increases to 15.1 percent from 10.5 percent.

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"The CRB was a long and hard process but songwriters and music publishers together presented a powerful case for higher streaming royalty rates".

The one extra thing that the music publishers had been hoping for was a per-stream rate as well as the revenue share rate. On Saturday, the CRB announced that songwriters will get a pay raise from streaming service for the next five years.

Songwriters scored a victory over technology companies as a United States court ruled to give them a larger cut of the boom in music streaming. "Songwriters desperately need and deserve the rate increases", said Bart Herbison, executive director for the Nashville Songwriters Association International, another trade group.

The board, which consists of three judges, held a trial a year ago in which the trade group squared off against Spotify, Apple, Alphabet Inc (GOOGL.O), Pandora Media Inc (P.N) and Amazon.com Inc (AMZN.O), which had opposed NMPA's proposed rate increase. We thank the songwriters who shared their stories with the court and helped illustrate how badly these rate increases are needed.

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