National Music Publishers’ Association : immediately weighed in on the ruling in a series of tweets. “Today the court reaffirmed the 15.1% headline rate increase we earned four long years, confirming that songwriters need and deserve a significant raise from the digital streaming services who profit from their work,” Israelite wrote.
He continued, “This process was protracted and expensive and though we are relieved with the outcome, years of litigation to uphold a rate increase we spent years fighting for is a broken system. Now, songwriters and music publishers finally can be made whole and receive the rightful royalty rates from streaming services that they should’ve been paid years ago. We will work to ensure that the services quickly backpay copyright owners as they are required by law.
Noting that the next battle in the never-ending war over mechanical licensing rates continues this fall, Israelite added, “as an industry, we move forward united as we press for even fairer rates in the next CRB staring this fall.
said, “Today’s decision was an impactful victory for songwriters, as the Copyright Royalty Board reaffirmed the 15.1% headline rate increase in royalties paid by streaming services to publishers and songwriters for the 2018-22 time period. We applaud the judges for upholding this decision, and the NMPA for their tireless work fighting the appeal.