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Streaming Music Services Google, Amazon, Apple, Spotify and Pandora Will Have to Pay Musicians More In Royalties
Copyright Royalty Board has Helped Raise Rates for Songwriters by 43.8 Percent A major victory has taken place in the music industry regarding an increase in royalties to be paid tos musicians within streaming music. In a recent ruling by the Copyright Royalty Board, which has yet to be made public, the court has decided to require streaming services such as Google, Amazon, Apple, Spotify and Pandora to pay 15.1 percent of their revenue to songwriters and music publishers. In the past the rate was close to 10.5 percent. This will most likely result in an increase in cost that will
