ADVERTISEMENT
America’s songwriters lobby body has pledged to fight on after a federal appeal court pulled the handbrake on a near-50% hike in digital streaming royalties.
This week, the D.C. Circuit Court of Appeals made public its ruling relating to a 2018 decision from the Copyright Royalty Board on how royalty payments are calculated for subscription services.
The CRA revealed at the time that that streaming companies would be compelled to lift their payouts from 10.5 percent to 15.1 percent of revenue to songwriters and music publishers — a boost of more than 44% — over the five years from 2018 to 2022.
On the other side, the digital services, which included Amazon, Apple, Google, Pandora and Spotify, had opposed the proposed rate increase…
ADVERTISEMENT