Songwriters Score Win Over Streaming Services With Pay Hike
- Artists’ share of revenue increased to 15.1% from 10.5%
- ‘Good day for songwriters,’ bad one for Spotify, Pandora
A Copyright Court Just Scored a Big Win for Songwriters
This article is for subscribers only.
Songwriters will get a larger cut of revenue from streaming services after a court handed technology companies a big defeat.
The Copyright Royalty Board ruled that songwriters will get at least a 15.1 percent share of streaming revenues over the next five years, from a previous 10.5 percent. That’s the largest rate increase in CRB history, according to a statement from the National Music Publishers’ Association.