Lean-back listening has gotten a bad rap, but streamers and rights holders should recognize the value it brings to fans.
In the formerly unknown singer-songwriter's Hot 100-topping week, Billboard estimates he earned over $350,000 in royalties.
The complicated process of readjusting royalties owed for the 2018-2022 will include settling over- and under-payments.
The Radio Music Licensing Committee is still awaiting the outcome of appeal, in effort to combine the processes and pit the PROs against each other.
The German collective management organization added the Dutch company to its portfolio to better identify the music it needs to collect royalties on.
The organization also saw a slight dip in distributions, which fell 3.4% from 2021 to $959 million.
Seven of the world's largest collective management organizations improved their 2022 collections by an average of 19.4%.
Jose Teran is the first of two YouTube fraudsters to be sentenced. His partner is schedule for sentencing later this summer.
Chapman, who is credited as the song's sole writer of "Fast Car," also owns its publishing rights.
President/CEO David Israelite says performance revenue fell below 50% of total revenue for the first time due to "significant" growth in other categories.
