U.S. copyright authorities have said royalty payments for music streaming services are to increase over the next five years from 10.5% to 15.1%.

The board, which consists of three judges, held a trial last year in which the trade group squared off against Spotify, Apple, Alphabet Inc (GOOGL.O), Pandora Media Inc (P.N) and Amazon.com Inc (AMZN.O), which had opposed NMPA’s proposed rate increase. Streaming Services in the U.S. to Pay More Music Royalties [reuters.com]