Music industry avoids legal battle with new streaming royalty deal

Music publishers, songwriters and musicians have struck a deal with streaming services for US mechanical streaming rates for 2023-2027, the National Music Publishers’ Association (NMPA) has announced. The NMPA, Nashville Songwriters Association International (NSAI) and Digital Media Association (DiMA) agreed on a 15.35 percent rate, avoiding a potentially contentious battle.That's up only mildly from the 2018-2022 rate of 15.1 percent. It's also less than expected, according to Variety, as the NMPA previously said it was pushing for 20 percent. However, the agreement will reportedly also modernize the way "bundle" rates offered to students and families are treated, and increase so-called Total Content Costs, to make up some of the difference. "This agreement... ensures that all parties will benefit from the growth of the industry and will be motivated to work together to maximize that growth," the press release states. "Instead of going to trial and continuing years of conflict, we instead of move forward in collaboration with the highest rates ever, guaranteed," added NMPA's CEO David Israelite. Last time, a legal battle between the parties dragged on for three years. The 15.1 percent rate for the 2018-2022 period was decided in 2018, but Spotify, Amazon Music, YouTube and Pandora appealed the ruling, arguing it would be untenable for their business model. Publishers and songwriters prevailed earlier this year, as the Copyright Royalty Board reaffirmed the 15.1 percent rate. Continue reading at 'Engadget'

[ Engadget | 2022-09-01 12:34:02 UTC ]

Other news stories related to: "Music industry avoids legal battle with new streaming royalty deal"


Pianist can publish abuse memoir

A concert pianist wins a legal battle to publish a book giving detail of sexual abuse he experienced as a child. Continue reading at BBC News

[ BBC News | 2015-05-20 00:00:00 UTC ]
More news stories like this


HC Australia in Keating apology

HarperCollins Australia has apologised to former Australian prime minister Paul Keating and agreed to pulp unsold copies of a book about him following a legal battle, according to the Australian press. Continue reading at The Bookseller

[ The Bookseller | 2015-05-12 00:00:00 UTC ]
More news stories like this


At Sourcebooks, Diversification Drives Gains

Sourcebooks continues to move forward at a rapid pace, with company executives reporting a 20% sales gain in 2014 over 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-01 00:00:00 UTC ]
More news stories like this


Legality of Spotify’s lyrics feature called into question

The real-time lyrics feature that Spotify added to its desktop app this past week hasn’t impressed the U.S. karaoke industry. Joseph C Vangieri, the CEO of DigiTrax, has called it “unfair competition for us American ‘Karaoke’ companies.”Lest you think that he has a beef with Spotify, know that... Continue reading at PC World

[ PC World | 2015-03-06 00:00:00 UTC ]
More news stories like this


What It's Like Competing With VC-Fueled Media Startups

Elsewhere in this, the Digital Issue of Advertising Age, my colleague Michael Sebastian writes about digital publishing companies -- specifically, a half dozen upstarts in various stages of youth, including BuzzFeed (born 2006) and Vox (2011).It's an eye-opening report that looks beyond the hype... Continue reading at Advertising Age

[ Advertising Age | 2015-02-10 00:00:00 UTC ]
More news stories like this


Authors Guild Drops HathiTrust Case

After suffering two major defeats in its legal battle with Google’s library scanning partners, the Authors Guild this week finally ended the litigation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-08 00:00:00 UTC ]
More news stories like this


The Pitch: 50 startups we put in the spotlight in 2014

Find your lost pet with the help of facial recognition. Your home security system gets smarter. Search for a home cleaner and instantly book an appointment. Meet 2014's newest tech ideas in our collection of stories from The Pitch, a weekly feature in the Silicon Valley Business Journal. The... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-01-01 00:00:00 UTC ]
More news stories like this


Cox Communications sued by two music publishers over piracy

Two music publishers - BMG Rights Management LLC and Round Hill Music LP – have sued Atlanta-based Cox Communications Inc., claiming that Cox deliberately turns a blind eye to illegal downloading by its subscribers. BMG and Round Hill, each of which controls the publishing rights to a number of... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-11-28 00:00:00 UTC ]
More news stories like this


Reedsy: A Publishing Services Startup for the Digital Age

Ricardo Fayet, co-founder of Reedsy, an online publishing services marketplace, discusses the startup's business model and philosophy. The post Reedsy: A Publishing Services Startup for the Digital Age appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-10 00:00:00 UTC ]
More news stories like this


McSweeney’s New Business Model: Nonprofit

Writing for SF Gate, John McMurtie reports that the San Francisco based publishing house McSweeney’s will become a nonprofit. The post McSweeney’s New Business Model: Nonprofit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-10-17 00:00:00 UTC ]
More news stories like this


Comic David Mitchell rails at Amazons cynical life-crushing business style

Online giant operates a rapacious near monopoly, the Observer columnist and Peep Show star tells Booksellers conferencePeep Show star David Mitchell blasted the monopolistic, cynical and frankly life-crushing way that Amazon operates to a roomful of booksellers.The comedian was giving the... Continue reading at The Guardian

[ The Guardian | 2014-09-23 00:00:00 UTC ]
More news stories like this


'If I Stay' author Gayle Forman discusses the movie adaptation of her YA book

'Stay' follows a teenage cellist, Mia, who must decide whether to die or move forward with life after becoming injured in a car accident. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-08-16 00:00:00 UTC ]
More news stories like this


Hastings Merger Can Move Forward

A Texas court has cleared the way for Hastings to move ahead with its merger with companies controlled by Joel Weinshanker. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-20 00:00:00 UTC ]
More news stories like this


Book Crowdfunding Platform Pentian Pays Writers and Readers

Spain's Pentian crowdfunding platform for books offers a new business model: paying 50% of profits from book sales to backers of the book and 40% to the author. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-09 00:00:00 UTC ]
More news stories like this


Inkling Refocuses, Lays Off 25% of Staff

Inkling, a multimedia publishing platform, has laid off about 25% of its workforce after refocusing its business model from consumer ebook sales to a business enterprise model. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-12 00:00:00 UTC ]
More news stories like this


5 Ways To Lock In Your Customers Using Online Communities

How positioning your business model around your most engaged customers will reap beaucoup returns.As a long-time comic book artist, fan, and professional, I have experienced firsthand how comics collectors travelled long distances to meet up with others who shared these passions. In the 1990s,... Continue reading at Fast Company

[ Fast Company | 2014-03-11 00:00:00 UTC ]
More news stories like this


Can Twitter co-founder take an 'evolutionary leap' into storytelling?

Collaborative publishing website Medium, which aims to reinvent the blog, secures first external investmentMedium, Twitter co-founder Ev Williams's online publishing venture, has no shortage of ambition – to reinvent the blog as a digital storytelling format and match the impact of the... Continue reading at The Guardian

[ The Guardian | 2014-02-02 00:00:00 UTC ]
More news stories like this


Two Bookstores Close, While Two Move Forward, in Wisconsin

While two independent bookstores in Door County, Wisconsin, have closed or will close, two others report an uptick in sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-24 00:00:00 UTC ]
More news stories like this


The "Netflix For Books" Business Model, And How It'll Change The Way You Read

Mark Coker of Smashwords, which recently inked a major content deal with Scribd, weighs in on how the all-you-can-read model changes the way we read, how authors make creative choices, and how everyone gets paid.Is a "Netflix for ebooks" nearing viability? Yesterday, Smashwords, the largest... Continue reading at Fast Company

[ Fast Company | 2013-12-20 00:00:00 UTC ]
More news stories like this


Reader’s Digest Redesigns

Its second bankruptcy now behind it, RDA Holding Co. is entering a new phase. CEO Robert Guth is putting his stamp on the company's flagship brand, Reader's Digest, with a redesign and changes to the business model. The new magazine—which went on sale last week—has updated its logo, invested $1... Continue reading at Folio Magazine

[ Folio Magazine | 2013-12-16 00:00:00 UTC ]
More news stories like this