Billboard: NMPA Annual Meeting Celebrates Continued Publishing Growth, Warns of Pre-Pandemic Threats | Mechanical Licensing Collective
The National Music Publishers' Association announced its fifth consecutive year of increased revenues, while noting the industry's high-stakes legal cases still ahead.
The National Music Publishers' Association's annual meeting was held virtually Wednesday (June 10) due to COVID-19, where president and CEO David Israelite reminded membership that music publishing is still facing pre-pandemic threats to its business. Namely digital streaming services' Copyright Royalty Board appeal and the Department of Justice's review of ASCAP and BMI consent decree -- which could also be an opportunity, depending on how the DOJ rules.
"We are now 2.5% years into the new [rating] periods but we still don't have certainty on our rates because Spotify and Amazon are still appealing," Israelite said in his state of the industry address.
The Copyright Royalty Board had improved songwriter rates to increase the headline rate incrementally 10.5% to 15.1% over five years from 2018 to 2022. YouTube and Pandora also appealed that ruling and the four services are collectively fighting back to reduce the rate.
Read the full article here.
Get Started
MEmbership is always free
Our mission is to support creators like you with full transparency into the performance of your music. Our member portal helps you see which of your songs have earned royalties, which ones are still being matched, and when payments are made. This openness helps you trust the process and know that your songs are being tracked and paid for fairly.
Resources
Resources to help you maximize your earnings
ARTICLES
DURP Informational Webinar
If you’re an independent music distributor, aggregator, or sound recording distributor interested in accessing all the unmatched recordings you’ve
ARTICLES
Data Programs
Data Programs at The MLC The MLC’s data programs support the efforts of dozens of digital media and technology companies around the world to gain insight
FAQs
What are the regulations and where can one find the full text of the rates and terms for Phono 4?
The CRB published a Final Rule in the U.S. Federal Register setting the blanket license mechanical royalty rates for permanent digital downloads.
FAQs
Where can I find answers about The MLC portal?
After you have established a login to the Portal, you will find helpful information in our Knowledge Base.
FAQs
I want to read the regulation myself. Where can I find it?
The regulation outlining this entire process is found in 37 CFR 210.10(c)(5). You can also reference the regulation along with supplementary information as