Tag - NMPA
Music streaming service Spotify has struck a "landmark industry agreement" with the National Music Publishers' Association (NMPA) for royalty payments. The deal establishes a large bonus compensation fund, that is a substantial percentage of what is currently being held by Spotify for unmatched royalties, and creates a better path forward for finding the owners of publishing rights who should receive streaming royalties.
Various music publishers and the National Music Publishers Association have agreed to settle their lawsuit against Google's video sharing site, YouTube. The class-action lawsuit originally claimed YouTube was actively encouraging copyright violations, as users uploaded content that included music videos, album tracks, movies and television programs.
Apple's 90-second iTunes sample deal has already been reached with major music labels but is simply being pushed on indies, tips from the inside revealed today. EMI, Sony, Universal and Warner have all reportedly signed off so far along with some individual publishers, while the blanket notice to smaller labels was sent without them having reached an agreement. Labels talking to CNET couldn't provide detailed comment but, in two cases, agreed Apple was using hardline tactics by making labels automatically accept the deal just by staying in the store.
Apple's plans for minute-long iTunes samples may have been thwarted by the sheer number of deals it needed, both official and unofficial sources divulged Tuesday afternoon. Although all the music labels themselves are still reported by CNET as onboard, Apple had yet to clear both Broadcast Music Inc.'s performance rights and the National Music Publishers Association's rights. The NMPA brought Apple's plans to a halt a day before last week's music event after lawyers told association CEO David Israelite that a formal deal was essential.