Variety: Copyright Royalty Board Asked to Approve 32% Increase on Mechanical Royalties for Physical Products, Downloads

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Variety covered the AIMP’s quote in their coverage of the increase in US mechanicals.

“The AIMP fully endorses the proposed CRB Subpart B settlement, which would increase the mechanical rate for physical sales and digital downloads from 9.1 cents to 12 cents. This is a step in the right direction and will be a significant boon for the independent music publishing community. Moving forward, nearly all independent publishers will tell you that the future of the music business is in streaming, and we applaud the continued efforts of the NMPA to fight for better streaming rates for all independent music publishers and songwriters.” — Association of Independent Music Publishers

– Jem Aswad, Shirley Halperin, Variety