NMPA General Counsel Danielle Aguirre said Spotify’s bundling practice has already resulted in $230 million in lost revenue during its first year. Aguirre added that “these losses will continue if we can’t reverse or correct Spotify’s actions. In fact, if we don’t stop them, we are projected to lose over $3.1 billion through the next CRB period,” which will be Phonorecords V, which determines mechanical royalty rates for 2028 through 2032.
Source: NMPA says Spotify ‘bundling’ move could cost music publishers $3.1bn through 2032