Copyright Royalty Board Preserves Current Rate At 9.1 Cents Per Song
The Copyright Royalty Board ruled that the royalty which songwriters receive on sales of CDs and digital downloads will remain at 9.1 cents per song for the next five years. The Recording Industry Association of America, the record label trade group, was pleased that the rate was frozen for the first time since 1977, meaning that if song prices increase, royalties will make up a falling percentage of the companies’ costs....
Copyright Royalty Board Weighs Mechanical Royalties Increase
The Copyright Royalty Board (CRB) is readying their decision on whether to increase the mechanical royalties on Digital Phonorecording Deliveries or in layman’s terms: paid music downloads. The National Music Publishers Association (NMPA) wants to raise the rate from 9 cents to 15 cents per paid download. The CRB’s decision should be handed down this week. The DiMA, a online music retail trade group lead by Apple, actually...
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