Streaming Services Propose New Royalty Rates for Songwriters and Publishers

  • 📰 billboard
  • ⏱ Reading Time:
  • 92 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Spotify, Amazon & Pandora are proposing lower rates for publishers and songwriters for the period spanning 2023–2027 than any year since 2018.

the digital services for its rate proposals, which it claims will lower the percentage of streaming revenue paid to songwriters and publishers if enacted.

For Spotify's premium paid subscription -- the company's main revenue generator -- the service is proposing a roll-back to the headline 10.5% service rate enacted in the Copyright Royalty Board Phonorecords I and Phonorecords II rate determination. That would be below the headline rates enacted during Phonorecords III, which began at 11.4% in 2018 and escalates annually to 15.1% in 2022 and is is currently under an Appeals Court remand.That 10.

In all, Spotify offers rate proposals for nine service tiers created by the CRB process down through the years -- even though Spotify doesn’t actually offer all of them. For most tiers, Spotify proposes a 10.5% of revenue and 21% of content cost as components of the rate formula. For ad-supported streaming -- the next largest tier after premium paid subscriptions -- Spotify is proposing a 10.

For the above three tiers , the resulting bucket would be an all-in revenue pool from which the performance revenue paid to performance rights organizations would be subtracted and whatever is left over is the mechanical rate pool. That pool would then be divided by the total number of streams for the period to determine the per-stream rate, which is then paid out to each song in accordance with the number of streams that song generated during the month.

Amazon is also asking for another deduction of up to 10% of revenue for undefined payments to third parties, outside of what it wants to deduct for payments to app stores. This too is a new deduction, and it is unclear what third-party payments it could apply to. Overall, these new wrinkles in the rate formula, and what gets counted as revenue, would likely reduce the overall size of the all-in 10.54% of revenue bucket in two ways: a lower rate, applied against a smaller pool.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And that’s why I’m switching to Apple Music bestie taylorswift13! Respect the artists and art by paying them all fairly for their work ARIAsTaylorSwift

Well, artists should join forces and make everyone buy PHYSICAL copies... Let's sell like the legends did in the 20th century.

i think i’ve seen this film before... ARIAsTaylorSwift

vem lacrar taylorswift13

If they did this I'm switching to some other streaming service

Taylor warned everyone beforehand but y'all called her greedy 🙂 ARIAsTaylorSwift 'its time to go'

i think i've seen this film before ARIAsTaylorSwift

taylorswift13 you go girl I vote for ARIAsTaylorSwift

daddy taylorswift13 they're being naughty again 💀 make them behave ⛓️

thats not just right! I vote for ARIAsTaylorSwift

sorry but taylor swift already warned people this would happen & they showed no support and some ppl called her greedy for that so f them

taylorswift13 GET THEM BLONDIE ARIAsTaylorSwift

taylorswift13 get them queen

taylor abt to remove her discography again 💀 ARIAsTaylorSwift

Esperando que aparezca la reina ARIAsTaylorSwif

Taylor Swift is watching u ARIAsTaylorSwift

make them behave again mommy taylorswift13

taylor bestie its time to back out ARIAsTaylorSwift

taylorswift13 do your thing

I vote for ARIAsTaylorSwift

aren’t they already paying lower than apple music or tidal ARIAsTaylorSwift

this is why Apple Music and tidal are after better

I think I've seen this film before and i didn't like the ending I vote for taylorswift13 ARIAsTaylorSwift

ARIAsTaylorSwift

A win for blackiana since she doesn’t write

swiffers tagging taylor in the replies...

taylorswift13 show them who you are again!

taylorswift13 they're testing you

i think i’ve seen this film before, and i didn’t like the ending 😳 i’m gonna have to get AM arent I

Stream Xtina Spanish Music✓ PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 PaMisMuchachas is 🔥🔥🔥 Stream Xtina Christina Aguilera❤️

taylorswift13

taylorswift13 is coming to end y'all. ARIAsTaylorSwift

taylorswift13

i think i’ve seen this film before

esperando a lacrada da gata pode entrar mamãe taylorswift13

taylorswift13

taylorswift13 come make history again

taylorswift13 faça uma ameça e eu digo se esperava ou n

thats just not right... taylorswift13 hey darling, i think its time to make history again, right?

Great. Love it when capitalism's greed grinds down another industry again!

taylorswift13

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 112. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

38 Fantastic Gifts From Amazon That Any Mom Will LoveHey, if these gifts show up on Monday, we're sure your mom will still be grateful.
Source: SELFmagazine - 🏆 478. / 51 Read more »

Alibaba expands cloud business abroad with new data centers in Asia, stepping up rivalry with AmazonAlibaba's cloud computing expansion has focused on Asia, pitting it against U.S. rivals like Amazon and Microsoft. good luck Hey dear
Source: CNBC - 🏆 12. / 72 Read more »

Amazon created 6 tenets for its cashierless store with StarbucksAmazon created 6 'tenets' during talks with Starbucks about a new cashierless coffee shop, internal document shows RealityOfRapture TheMessiahIsComing BeHoly BeRighteous 메시아께서 갈보리 십자가에서 흘리신 완전한 보혈은 레위 제사장 직분에 관한 모든 금지를 무효화 하셨고 우리를 자유하게 하셨습니다 内部文件显示,亚马逊在与星巴克就一家新的无出纳咖啡店的谈判中提出了6条“原则”
Source: BusinessInsider - 🏆 729. / 51 Read more »

57 Of The Best TV Shows To Stream On Amazon Prime Video In OctoberI Know What You Did Last Summer, Scrubs, Fairfax, and more great titles you'll want to stream this month. Charmed
Source: BuzzFeed - 🏆 730. / 51 Read more »

Amazon Employee Group Seeks Worker Vote on UnionizationAn employee group formed by warehouse workers in New York’s Staten Island announced its goal to vote on unionization, becoming the latest labor-organizing effort from workers at one of the nation’s largest employers. We demand we pay mob dues No, thank you!🙄🤦🏻👎😡🤬🤢🤮🤫
Source: WSJ - 🏆 98. / 63 Read more »

How Etsy Is Giving AI To Its Army Of 5 Million Artisan-Entrepreneurs To Build The Anti-AmazonOn April 2, 2020, during the chaotic early days of the pandemic, Etsy CEO Josh Silverman awoke to a sales shock.
Source: Forbes - 🏆 394. / 53 Read more »