Streaming Music Services Ordered to Increase Royalties by 43.8 Percent
Just as streaming music services like Pandora are struggling to become profitable, they received another blow, this time by the Copyright Royalty Board. This weekend the CRB of the U.S. Library of Congress decided that streaming music services like Spotify, Apple, Pandora, Tidal and Amazon must increase their royalty payments to songwriters and music publishers for the next five years, reports Reuters.
Streaming Music Services Ordered to Increase Royalties by 43.8 Percent Read More »
