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Apple's Proposed Royalty Rates Could Change The Game For Streaming Services03:44
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 A banner for Pandora Media Inc., the online-radio company, hangs in front of the New York Stock Exchange walk on its first day of trading as a public company on June 15, 2011 in New York City. (Spencer Platt/Getty Images)
A banner for Pandora Media Inc., the online-radio company, hangs in front of the New York Stock Exchange walk on its first day of trading as a public company on June 15, 2011 in New York City. (Spencer Platt/Getty Images)
This article is more than 4 years old.

Apple has proposed new rates for streaming services to pay in songwriting royalties. The filing was made to the Copyright Royalty Board recommending that songwriting royalties of 9.1 cents be paid every 100 times a song is played.

But is that sustainable for all streaming services, including those who offer free memberships like Pandora and Spotify?

Here & Now’s Meghna Chakrabarti speaks with CBS News business analyst Jill Schlesinger about the new royalty proposal.

Guest

Jill Schlesinger, CBS News business analyst and host of "Jill on Money." She tweets @jillonmoney.

This segment aired on July 18, 2016.

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