US music publishers settle on 15.35% for 2023 to 2027 mechanical streaming rates, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify (Jem Aswad/Variety)

Jem Aswad / Variety: US music publishers settle on 15.35% for 2023 to 2027 mechanical streaming rates, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify  —  The announcement comes as a surprise, as the NMPA has been saying for months that it would push for a 20% rate for the forthcoming period.

US music publishers settle on 15.35% for 2023 to 2027 mechanical streaming rates, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify (Jem Aswad/Variety)

Jem Aswad / Variety:
US music publishers settle on 15.35% for 2023 to 2027 mechanical streaming rates, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify  —  The announcement comes as a surprise, as the NMPA has been saying for months that it would push for a 20% rate for the forthcoming period.

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.