Music publishers and platforms such as Spotify or Apple agree on royalty rates until 2027

Monday, 12 of September of 2022

Music publishers and the top streaming services have reached an agreement. Under the new terms, which cover 2023 to 2027, publishers and songwriters will have a gradual increase in their royalties, starting at 15.1% in the first year, rising to 15.2% in 2024 and then increasing annually to 15.35% in 2027.

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