Phonorecords IV: Music publishers react to US streaming royalty rate rise

In a statement published on Twitter, Sony Music Publishing Chairman and CEO, Jon Platt, said: “The settlement is an important win for songwriters and composers, reflecting years of effort and hard-fought litigation. It also brings greater certainty over the next five years because unlike a trial, there is no chance of an appeal.”

 

Source: Phonorecords IV: Music publishers react to US streaming royalty rate rise

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.