Are Songwriters and Publishers Really Still Due an Extra $400M? Breaking Down the Numbers
The performance royalties included in that headline-grabbing number may have already been paid out.
The performance royalties included in that headline-grabbing number may have already been paid out.
The company is the only major label so far to change accounting for Pandora royalties since it introduced on-demand streaming.
This is the first time the mechanical licensing organization has filed a lawsuit against a streaming service.
In a letter Monday, the streaming service said Spatial Audio tracks will receive a royalty rate up to 10% higher than content not available in the format.
The proposal calls on the industry to explore “fairer models of streaming revenue allocation” for artists, including pro-rata and user-centric models “or totally new ones.”
The news comes shortly after the MLC itself was audited by Bridgeport Music, the company that represents George Clinton and Funkadelic.
Here’s a full breakdown of the plan, based on Billboard’s reporting, including streaming thresholds, fraud fees and minimum track lengths.
In its third annual membership meeting, The Mechanical Licensing Collective reveals key metrics about its progress since launching in 2021.
Billboard now features a royalty calculator for Spotify and Apple Music for readers.
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