This Sunday, Jan. 28, 2018, photo shows music streaming apps clockwise from top left, Apple, Spotify, Amazon, Pandora and Google on an iPhone in New York. A federal copyright board has raised the music streaming royalties for songwriters and music publishers by more than 40 percent. The decision announced earlier this weekend stems from a dispute pitting songwriters against steadily growing music streaming services sold by Spotify, Apple, Google, Amazon and Pandora. (AP Photo/Jenny Kane)
US copyright authorities decided to increase over the next five years the royalty payments music streaming companies like Spotify and Apple Inc must make to songwriters and music publishers, a trade association for music publishers said.
The Copyright Royalty Board of the US Library of Congress issued a written decision that altered the formulas used to determine how much of their revenue streaming companies must share with songwriters and the music publishing companies they typically hire to collect licensing fees on their behalf.
Limited time offer:
Just RM5 per month.
