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Apple pitches flat rate for on-demand songwriter royalties to CRB

Apple has proposed a new royalty structure for streaming music, one that would be simpler but could create a financial pinch for freemium services. In a proposal to the U.S. Copyright Royalty Board, Apple recommended a system where all on-demand streaming services would pay songwriters a statutory rate of 9.1 cents per 100 plays. Continue Reading

NMPA says members opting in to Spotify mechanicals settlement

The National Music Publishers’ Association said that a large number of its members have signed on to participate in the $30 million settlement with Spotify over publishing royalties. “The vast majority of our members have opted into our settlement,” President and CEO David Israelite said of the arrangement. Continue Reading

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Cowen: Spotify leads a streaming industry on the rise, but watch out for Prime Music

New research from Cowen explores the current state of the streaming music industry and gave forecasts for its future. Spotify and Amazon emerged as two of the top brands to watch. The data predicted a compound annual growth rate of 4% for the 2016-2021 period, with on-demand music services expected to double revenue and secure a 40% share of the industry by 2021. Continue Reading

Spotify, iHeartMedia facing playlist patent lawsuit

Spotify and iHeartMedia have been sued on allegations that they are infringing on a patent for sharing and retrieving playlist information online. Post Media Systems is the plaintiff, representing Alan Bartholomew of SoniClear. The central patent is titled “System and Method for Creating and Posting Media Lists for Purposes of Subsequent Playback.” Continue Reading