Arriving just before New Years’ Eve, on Friday (Dec. 30), the Copyright Royalty Board judges issued their ruling on streaming royalty rates for songwriters for the period of January 2023 to December 2027, upholding a settlement proposed by the National Music Publishers’ Association (NMPA), Digital Media Association (DiMA), and Nashville Songwriters’ Association International (NSAI) in late August. This ruling sets the rates for Subpart C and D of the five year period known as Phonorecords IV (or “Phono IV” for short), and it represents a compromise between the music industry and the streaming services, creating certainty around the royalties owed to songwriters for U.S. mechanicals. According to the settlement, which the NMPA touts as the “highest rates in the history of digital streaming,...
A group of songwriters led by the organization The 100 Percenters gathered outside of Spotify’s old West Hollywood office Monday afternoon (Feb. 28) to protest the streaming service’s low royalty rates. Dubbed “#WeWroteThat,” the collection of creatives began congregating around noon while holding signs with phrases like “My time costs money,” “Would you work for free?,” “Spotify is valued at $67 billion — pay artists” and “1 cent per stream.” Event organizer Tiffany Red — a professional songwriter and founder of The 100 Percenters who has credits on songs performed by Jennifer Hudson, Jason Derulo and more — says the protest at 9200 Sunset Blvd. (a building Spotify previously occupied before moving to its current headquarters in Downtown Los Angeles’ Arts District in 2018) was motiv...