- This topic has 2 replies, 3 voices, and was last updated 6 years, 9 months ago by .
Viewing 3 posts - 1 through 3 (of 3 total)
-
Posts
-
Has anybody heard about this US streaming rate increase? How does it affect us in Library Work?
Major victory for songwriters as US streaming royalty rates rise 44%
Thanks,
“The ruling includes a significant increase in the overall percentage of revenue paid to songwriters from 10.5% to 15.1% over the next five years – the largest rate increase in CRB history.
In practical terms, that would mean a near-44% jump in royalties – for example, from $5,000 to $7,200.”
hmmm…Its a step forward, but doesnt sound that significant when you take out a few zeros
Too little, too late. IMO of course.
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.