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Streaming services must give songwriters a 44 percent pay hike
Songwriters just claimed a major victory in the fight for better pay from streaming giants like Apple and Spotify. The US Copyright Royalty Board has ruled for an increase in songwriter rates that will give them a 43.8 percent pay raise over the next 5 years. They also won't have to jump through hoops to figure out how much they're owed: they'll claim either a percentage of revenue or the total content costs, whichever pays the most. There are no longer caps on writer rates, for that matter.
Apple's idea for music royalties could stick it to Spotify
The Copyright Royalty Board, a three judge panel that sets licensing rates, is trying to figure out what the statutory rate music download and streaming services will pay publishers between 2018 and 2022. Now, the New York Times and Billboard report that Apple has a suggestion on how to figure out those rates that oh-so-coincidentally would negatively impact services with free streaming options like Spotify (heating up their back-and-forth battle) and YouTube. The statutory rate is what services pay unless they make a direct deal with a publisher, and can shape negotiations between them.
Copyright Royalty Board sets new satellite radio license fees
It's not nearly as hotly-debated as the change to the webcasting rates, but our nation's esteemed Copyright Royalty Board has just issued a new set of license fees for satellite broadcasters -- also known as Sirius and XM. The new rates come after a year of legal wrangling -- the main point of contention was hashing out what revenue to measure to determine the license fees, and it looks like the broadcasters won on this one -- advertising and subscriptions count, but not hardware sales and data services. That said, the rates still look like they're pretty fair, all around: the six-year plan has the companies paying six percent of applicable revenues through 2008, 6.5 percent in 2009, seven percent in 2010, 7.5 percent in 2011, and eight percent in 2012. Of course, hopefully by then that pesky merger will finally be completed, so the rates will have to be adjusted further, but it's nice to know that the tunes are going to keep coming for a while longer.[Via OrbitCast]
