This adjustment is an early offering from the government group going into the final weeks of 2017. The CRB is still slated to release its official rates for interactive streaming’s mechanical royalty rates in the 2018-2022 time period. Over the course of the year, several parties from the industry have made their cases for how they want to see royalties structured, including Apple and the NMPA.
CRB’s rate decisions have a massive effect on the finances for digital and online music services. One of last year’s biggest industry stories was the fallout from the CRB’s webcaster rate ruling in December 2015.