Category: royalty

Spotify claims it ‘overpaid’ songwriters and wants its money back

[ad_1] The entire issue stems from a decision made by the US Copyright Royalty Board (CRB) that would mandate higher payouts for streaming content. The increase, which would affect services like Spotify, Apple Music, Pandora and others, would raise royalties by 43.8 percent over the next five years. Spotify — which reportedly pays out $0.006 […]