The United States’ Copyright Royalty Board has approved new rates amid a long-standing battle between digital service providers and songwriters, recording artists and music publishers. Known as “Phonorecords IV” or “CRB IV,” the settlement will incrementally increase royalties for over the next five years until it reaches 15.35% in 2027, according to the board’s members. …
Tag Archives: National Music Publishers
Copyright Royalty Board Approves Charge Enhance for Songwriters and Music Publishers – EDM.com
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 …
Songwriters Could Get a 32% Improve In Mechanical Royalties for Downloads and Bodily Merchandise – EDM.com
The Copyright Royalty Board has reportedly been requested by main rights holders and publishers to extend mechanical royalties for bodily merchandise by 32%. This enhance would increase the mechanical royalty charge from 9.1 cents to 12 cents per monitor for bodily merchandise (CDs, vinyl), downloads, ringtone, and music bundles, per Variety. The 9.1 cents charge …