Publishers Ask Royalty Board for 32% Rate Increase From Streaming Services

Following a deadline to file proposed rates for on-demand audio streams to the Copyright Royalty Board on Wednesday (Oct. 13), word is beginning to leak from publishers and songwriters that the National Music Publishers’ Association (NMPA) are seeking a 32.4% increase in the headline rate to 20% of a digital service’s revenue for the full five-year term for Phonorecords IV, covering 2023 through 2027.
That compares to the year-by-year escalating headline rate from Phonorecords III, w