David Israelite In The News

Can you feel the love tonight? Spotify and fellow music streamers strike agreement with publishers for 15.35% go-forward royalty rate in the US.

NMPA, DiMA and songwriter group NSAI send joint proposal to CRB – and avoid a costly legal war

From Kobalt’s sale talks to SM Entertainment’s expansion in Saudi Arabia… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

The US music publishing industry generated $4.7bn last year – but the record industry grew twice as fast

The music publishing industry grew annual revenues by around $700m in the States last year; the record industry jumped up by $1.8 billion

Songwriters, rejoice: Spotify appeal FAILS to stop composers getting improved 15.1% streaming royalty rate in the US

Bottom line: The streaming services are going to have to fork over a pile of cash to publishers and songwriters

Music licensing tech startup Songclip strikes strategic partnership with National Music Publishers’ Association

Deal comes just days after Songclip announced a partnership with Universal Music Group

‘This agreement guarantees a raise for CDs, vinyl and downloads, but we know that songwriters need much more to succeed – they need fairness.’

This op/ed comes from David Israelite, the President & CEO of the National Music Publishers’ Association (NMPA)

Record labels and publishers ink major settlement, moving from 9.1 cents to 12 cents per track for US mechanical royalties on physical sales

Agreement reached to settle rate negotiation in the US

Judges in the US have hinted that the mechanical royalty rate paid to publishers and songwriters for vinyl sales should rise. The major labels’ lawyers have come out swinging.

MBW brings you the blow-by-blow of an extraordinary legal battle taking place in the US. It's got everything!