US music publishers settle on 15.35% for 2023 to 2027 mechanical streaming rates, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify (Jem Aswad/Variety)

Jem Aswad / Variety:
US music publishers settle on 15.35% for 2023 to 2027 mechanical streaming rates, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify  —  The announcement comes as a surprise, as the NMPA has been saying for months that it would push for a 20% rate for the forthcoming period.

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