The Mechanical royalty rate that publishers/songwriters receive for purchased music on physical discs or downloads has been 9.1 cents per track since 2006. Now, the settlement proposes a 32% increase to 12 cents per track.
Furthermore, songwriter Royalties will automatically increase annually – relative to the rate of inflation.
It’s about time…
Source: Mechanical royalties to rise by 32% for songwriters in the US – RouteNote Blog
The post Mechanical Royalties to rise by 32% for songwriters in the US first appeared on All About Songwriting.
