Spotify, Amazon, and Pandora propose lowest royalty rates for artists since 2008

Major music streamers Spotify, Amazon, and Pandora have filed to the US Copyright Royalty Board recommending a significant reduction in royalty rates over the 2018–2022 period. The three platforms have proposed lowering the rate to pre-2008 levels, with headline rates close to 10.5%. Consequence reports on the sensitive issue.