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Sony/ATV set to ditch licensing firms over streaming dollars

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Sony/ATV set to ditch licensing firms over streaming dollars

The No. 1 music publisher has decided to go it alone in the battle to boost digital royalties paid to songwriters. Sony/ATV Music Publishing — whose catalog includes Beatles classics along with Taylor Swift’s current chart toppers — plans to dump the industry’s oldest and biggest performance-rights organizations by the end of the year, The Post has learned.

Bypassing BMI and ASCAP, which collect royalties for songwriters when their tunes are played on the radio, streamed online or piped into a store, would allow Sony/ATV to negotiate directly with services such as Pandora, Spotify and YouTube.

 

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New York Post