Songwriters and music publishers will be paid more by streaming services

Music publishers and streaming services have reached a deal to increase songwriters’ pay rates when their music is streamed on Spotify and other digital platforms.

The National Music Publishers Association, a trade organization representing major music publishers, including Universal, Warner and sony—and the Digital Music Association—which represents Spotify Technology HER, Apple Inc., Amazon.co.uk Inc., Alphabet Inc’s YouTube and Sirius XM Funds Inc., Pandora, said Wednesday that they reached an agreement days before they were due in court at the Copyright Royalty Board. The council is a three-judge panel that sets mechanical statutory licensing rates that digital service providers pay publishers for on-demand audio streams of their songs.


wj

Back to top button