Publishers Ask Royalty Board for 32% Rate Increase From Streaming Services

The NMPA asked the Copyright Royalty Board for a 32.4% increase in the headline rate to 20% of a digital service’s revenue for the term covering 2023 through 2027. That compares to the year-by-year escalating headline rate from Phonorecords III, which covered the term of 2018-2022, which culminated in 15.1% of a service’s revenue in the final year.

Source: Publishers Ask Royalty Board for 32% Rate Increase From Streaming Services

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