The different streaming music services that we have at our disposal have managed to reduce music piracy to levels never dreamed of. And the music industry knows it. The problem that this industry faces is the percentage they receive from each reproduction in streaming music services, a percentage that they say is very low.
To try to obtain an increase in that percentage, the United States Copyright Board has announced that it plans to increase it by 44%, as we can read in Variety magazine. The margin that streaming music services have is already very lowIf to that you add that they have to pay more to the record companies, turn it off and let's go.
At least that is what both Spotify and Pandora, Google and Amazon imply, who have independently filed a lawsuit in court, with Apple Music being the only streaming music service that have remained on the sidelines, a decision highly applauded by this sector that condemns the decision of the rest of the services.
Despite having filed claims independently, Spotify, Pandora and Google have made a joint statement in which we can read:
The Copyright Board recently announced the new statutory royalty rates in the United States, raising a number of procedural concerns. Left standing, this board's decision hurts both music licensees and copyright owners. Therefore, we ask the Washington Court of Appeals to review this decision.
Both Spotify and Pandora live exclusively on their streaming music service, something that Google, Amazon and Apple do not do, although it is striking that the first two have resorted to these new rates. It seems like Apple doesn't mind losing money on its streaming music service.