Music streaming royalty rates will stay the same for another five years

The US Copyright Royalty Board proposes to keep the current royalty rates for recorded music. This means music publishers, songwriters, and streaming services will operate under the same payment rules until 2032.

Every five years, the US Copyright Royalty Board sets the rates for mechanical royalties. These are the payments made to songwriters and publishers when their music is reproduced, whether on a CD or streamed online. This proposal simply extends the existing rates, avoiding any new disputes over how much streaming services pay for songs.