The National Music Publishers’ Association has claimed that the major labels took in a staggering 58.6 percent of 2021’s $9.8 billion in total streaming royalties – while continuing to tout its close ties with the Big Three, thereby raising renewed questions about the precise extent of their pull. This and other interesting datapoints came to light during NMPA head David Israelite’s recent speech in New York City, delivered as part of his organization’s annual meeting.
Source: Major Labels Took In 58.6% of Streaming Royalties In 2021, NMPA Says