NMPA Says Spotify Bundling Change Cost Writers & Publishers $230M in First Year
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3 Articles
NMPA Says Spotify Bundling Change Cost Writers & Publishers $230M in First Year
U.S. music publishing revenue rose 17% to $7.04 billion in 2024, the National Music Publishers’ Association (NMPA) revealed at its annual meeting on Wednesday (June 11). Last year, the trade organization reported total revenue at $6.2 billion, which was up 10.71% from the previous year. The event, held at Alice Tulley Hall at New York’s Lincoln Center, is considered a state-of-the-union for U.S. music publishers, and this year, its CEO/preside…
NMPA counts costs to publishers of music+audiobooks bundles
The US National Music Publishers Association held its annual meeting this week, and audiobook bundles were among its key talking points. Billboard reported on a speech from general counsel Danielle Aguirre claiming that Spotify’s move to classify its service as a bundle came at a $230m cost to songwriters and publishers in its first year. That’s in […] The post is from Music Ally.
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