The organization reported the stat at its annual meeting on Wednesday (June 11), where it revealed that publishing revenue rose 17% to $7.04 billion in 2024.
The National Music Publishers Association (NMPA) will also honor Rhett Akins and Apple Music head Oliver Schusser at the meeting, which is set for June 11 in New York.
In his annual State of Music Publishing address on Wednesday (April 2), David Israelite covered a range of hot-button issues.
Sources close to the UMG/Spotify deal say it offers better pay to UMPG and its songwriters, and it signals that Spotify might be ready to bury the hatchet with U.S. publishers overall.
The streamer's users will have access to Audible under one price tag, though the company is taking a different tack than Spotify did with its own bundled plans.
Bailey Zimmerman, Breland, Hailey Whitters and Jordan Davis performed during the celebration.
The New York event honored songwriters including Lana Del Rey, featured a fireside chat with WMG CEO Robert Kyncl and revealed the organization's latest moves against Spotify.
Savan Kotecha will receive the Non-Performing Songwriter Icon Award
The NMPA's letter arrives just a week after The MLC filed a lawsuit against Spotify for "improperly" cutting royalties for songwriters and publishers.
NMPA president and CEO David Israelite pushes back on Spotify's "potentially unlawful" move to reclassify its service.
