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Apple's Proposed Royalty Rates Could Change The Game For Streaming Services

Published July 18, 2016 at 1:33 PM EDT

Apple has proposed new rates for streaming services to pay in songwriting royalties. The filing was made to the Copyright Royalty Board recommending that songwriting royalties of 9.1 cents be paid every 100 times a song is played.

But is that sustainable for all streaming services, including those who offer free memberships like Pandora and Spotify?

Here & Now’s Meghna Chakrabarti speaks with CBS News business analyst Jill Schlesinger about the new royalty proposal.

Guest

Jill Schlesinger, CBS News business analyst and host of “Jill on Money.” She tweets @jillonmoney.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

This photo illustration shows the Swedish music streaming service Spotify on March 7, 2013 in Stockholm, Sweden. Sweden is at the forefront of a global recovery in music sales driven by streaming music services such as Spotify. AFP PHOTO/JONATHAN NACKSTRAND (Photo credit should read JONATHAN NACKSTRAND/AFP/Getty Images)
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This photo illustration shows the Swedish music streaming service Spotify on March 7, 2013 in Stockholm, Sweden. Sweden is at the forefront of a global recovery in music sales driven by streaming music services such as Spotify. AFP PHOTO/JONATHAN NACKSTRAND (Photo credit should read JONATHAN NACKSTRAND/AFP/Getty Images)