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....
Island Def Jam Dumps Janet Jackson
Island Def Jam has dropped Janet Jackson after her latest effort Discipline failed to hit sales targets. Janet, Ms. Jackson, if you’re nasty, has spun the decision in her favor by declaring that she will be taking an “independent” route and has decided to dissolve the “working relationship” with her new label after just one album. Jackson, who was once the centerpiece of EMI’s roster, decided to...
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