The NMPA asked the Copyright Royalty Board for a 32.4% increase in the headline rate to 20% of a digital service's revenue for the term covering 2023 through 2027.
Following a deadline to file proposed rates for on-demand audio streams to the Copyright Royalty Board on Wednesday , word is beginning to leak from publishers and songwriters that the National Music Publishers’ Association 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.
The CRB will weigh the NMPA ask against what the digital services individually propose and then will set the rate for the 2023-2027 terms. While the filings suggesting new rates by the digital services like Spotify, Apple, Google, and Amazon were due yesterday to the CRB, those filings likely won’t be posted to the CRB website until redacted copies are prepared that show the rate requests being asked but don’t show proprietary data each filer uses to back-up their arguments.
Whichever of the two buckets of revenue — the percentage of a service’s revenue versus the percentage paid by the service for label content — produces the larger dollar pool, in the prior rate determination, that was measured against a third bucket calculated by 50 cents a subscriber. The NMPA rate proposal for the 2023-2027 term increase the subscription component ask to $1.50 per subscriber.
Apparently absent from the NMPA rate proposal is a step that was present during the 2013-2017 period but eliminated in the 2018-2022 period. In the earlier period, some services like Spotify had been applying the old rate determination from 2013-2017 to pay music publishing.
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