US Copyright Royalty Board reconfirms 15.1% streaming rate for songwriters and publishers
The CRB upheld an increase in streaming royalty rates from 10.5% to 15.1% for 2018-2022, despite appeals from most streaming services. Rates are reviewed every five years. The NMPA aims for a 20% rate for 2023-2028. Streaming services seek to limit financial commitment to under 70% of revenue.…
