Songwriter, Publishing Streaming Royalties Increase in New CRB Ruling
The Copyright Royalty Board announced a long-awaited determination in the Phonorecords III remand proceeding, favoring songwriters' rates.| Billboard
The Copyright Royalty Board announced a long-awaited determination in the Phonorecords III remand proceeding, favoring songwriters' rates.| Billboard
Music publishers and streaming services including Spotify, Apple and Amazon have made agreement on new songwriter royalties for 2023-2027.| Billboard
Spotify reports its first quarterly profit in a year and 6 million new paid subscribers -- following price hikes and cost cuts in the third quarter.| Billboard
The Music Modernization Act received a Congressional five-year review featuring industry leaders celebrating and criticizing the landmark legislation.| Billboard
Ben Katovsky will lead daily operations of the business and overseeing Hipgnosis' Song Management teams, reporting to CEO Merck Mercuriadis.| Billboard
Spotify finished 2021 with 180 million subscribers and a gain in advertising revenue, the company revealed in its fourth quarter earnings.| Billboard
In Spotify Q1 2024 earnings, revenues were up 20% as paid users reach 239 million. Spotify was profitable with $181 million in operating income.| Billboard
Merck Mercuriadis exits his CEO role at Hipgnosis Song Management to become chairman, with Ben Katovsky taking over the company at a turbulent time.| Billboard
