With Friends Like These: NMPA Mechanical Deal Cuts Songwriter Pay 6%-12% — The Trichordist

According to Billboard Wednesday June 8th the National Music Publishers Association announced an agreement with two of the three major labels to hold mechanical royalty rates at 9.1 cents until 2022. http://www.billboard.com/articles/business/7400362/universal-music-warner-music-nmpa-settlement-mechanical-sales-rate While this may not seem like a big deal, it is. If you take into account inflation this amounts to somewhere between a […]

via With Friends Like These: NMPA Mechanical Deal Cuts Songwriter Pay 6%-12% — The Trichordist