DSPs Spotify, Google, Pandora & Amazon appeal Copyright Royalty Board rates

Billboard reports: "Spotify, Google, Pandora and Amazon have filed notices they intend to appeal the Copyright Royalty Board's (CRB) rate determinations finalized last month that would boost digital services' payments to music songwriters and publishers by 44 percent over a four-year term. The new mechanical statutory rates cover 2018 to 2022 and include a headline rate increase from 10.5 percent of revenue to 15.1 percent of revenue. The decision came in a 2-1 vote last year that was celebrated by songwriters and publishers, then finalized in February following review by the Register of the Copyright Office."

Full article: https://www.billboard.com/articles/business/8501588/spotify-google-pandora-amazon-plan-appeal-copyright-royalty-board-rates