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.
The terms of the deal, which ended litigation over unpaid royalties, would “make the average person shake her head in disbelief.”
A2IM president Richard James Burgess believes problems with the current rate-setting process fall disproportionately on independent creators and companies.
In new filings, the feds asked a judge to order the two companies to hand over money to help pay Kelly's victims.
The digital collections society expects double-digit revenue growth this year.
Merlin members — including independent labels and distributors — will explore "new revenue opportunities" via the platform's user-centric payment model.
The CRB named its rate for total content cost last week, siding with streaming services.
Tuesday's decision, which also awarded BMI an expanded revenue base, marks the first such rate increase since 1998.
As the company explores a new system with Universal Music Group, CEO Jeronimo Folgueira suggests different countries may require different systems.
