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.
In its latest Loud & Clear report, the company reports that more than 57,000 artists crossed the threshold last year, a 144% increase from 2017.
The CEO also talks about the Copyright Royalty Board and what happens once a Phonorecords III ruling is finalized.
Buma/Stemra has created a progressive system for paying performance royalties for festival sets.
The little-known "Just Like That" saw a boost in streams after its big win. Billboard estimates how much Raitt made in publishing royalties after the show.
Jose Teran and his partner falsely claimed to own or control "over 50,000 songs," including some recorded by Daddy Yankee, Julio Iglesias, Anuel AA, Prince Royce and Don Omar.
The two companies announced they will partner to find a new solution to the economic model in streaming. The result could spark an industry-wide change.
