Jem Aswad Senior Music EditorThe streaming rates determined by the Copyright Royalty Board every five years are an always-contentious situation pitting the major streaming services against music publishers, and the battle over the rates between 2023 and 2027 is no exception.
That battle heated up this week when Spotify, Apple, Amazon, Pandora and Google filed documents with the CRB this week suggesting rates for the forthcoming period, provoking howls of outrage from the National Music Publishers Association, which has proposed a much higher rate.While specifics have not yet been announced, NMPA president/CEO David Israelite calls them “the lowest royalty rates in history.” Billboard and Music Business Worldwide report that the NMPA is.
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