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Home / News / Copyright Royalty Board Approves Charge Enhance for Songwriters and Music Publishers – EDM.com

Copyright Royalty Board Approves Charge Enhance for Songwriters and Music Publishers – EDM.com

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The Copyright Royalty Board in america has accepted a 15.1% royalty charge for the years 2018-2022, up from 11.4%.

These royalties are paid to songwriters and publishers by streaming companies like Spotify. The information precipitated an attraction from 4 main suppliers of streaming companies: Apple, Amazon, Pandora and Google, who argued in a joint assertion that the choice “raises critical procedural and substantive issues,” per Variety.

Final month, the streaming companies requested the Copyright Workplace for added time to pay for the elevated royalty charge. They’ve argued that because the streaming royalties are break up 75/25 amongst the document labels and music publishers, the speed improve ought to come from the document labels’ share. 





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