Handshake biz

Two of Three Majors Reach Settlement with Publishers on Digital Sales Rates

At the annual National Music Publishers Assn. (NMPA) convention today (June 8), held at the Marriott Hotel in Times Square, NMPA president David Israelite announced that music publishers have reached a settlement on mechanical licenses with two of the three majors, Universal Music Group (UMG) and the Warner Music Group (WMG).

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