MixMag).The increase in rates, which amounts to 44 percent, follows a long battle with streaming platforms like Amazon Music, Spotify and YouTube.The percentage of label revenue (the TCC rate) has also been capped, meaning publishers will only be able to receive a limited royalty rate.The president of The National Music Publishers’ Association (NMPA), David Israelite said in a statement: “Today the court reaffirmed the headline rate increase we earned four long years ago, confirming that songwriters need and deserve a significant raise from the digital streaming services who profit from their work.“We will fight to increase the TCC, or percentage of label revenue, which amounts to an insurance policy for songwriters, in the next CRB and will also fight for stronger terms regarding bundles.”Artists will receive the backdated rates, although this could be months away according to Bart Herbison of the Nashville Songwriters Association International (NSAI). He said it is “still unknown when songwriters will receive their payments”.He added: “The bad news is that the definition of “bundled services” and of total content costs, one of the streaming rate tiers, were not what we wished.
