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US music publishers reach royalty agreements - Venture Insights

Report Overview

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US music publishers reach royalty agreements

PublisherEnders Analysis.
Publish Date April 24, 2012
Sector Music and Radio.
Company Vivendi.

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US music publishers have reached agreement on rolling over the mechanical royalties due on sales of digital and physical music formats for 2013-17.

The expanded scope of the statute to cover scan and match’ cloud locker services, such as Apple’s iTunes Match, provides incremental revenues to music publishers; the unlicensed storage’ cloud locker services are not concerned.

ASCAP’s agreement on US radio performance royalties will however reduce music publisher revenues.