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New House Bill Aims to Raise Streaming Royalties for Artists by Tacking on Additional Subscription Fees
A new Congressional bill aims to increase artist streaming royalties by tacking on additional fees to subscriptions to platforms like Spotify.
Titled the Living Wage for Musicians Act, the legislation proposes the establishment of a new royalty fund that would pay artists directly, bypassing labels altogether. Notably, the bill would not affect the existing payout model but rather establish a separate fund on top of what artists already receive under the current system. “It’s only right that the people who create the music we love get their fair share, so that they can thrive, not just survive,” said Tlaib, who has long advocated for higher royalty payments to artists on streaming services, in a statement.
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