Fairness Rocks News MCNA letter regarding fairness and transparency on frozen mechanicals


Fairness Rocks News MCNA letter regarding fairness and transparency on frozen mechanicals

Home Industry News MCNA letter regarding fairness and transparency on frozen mechanicals

Author: Rick Carnes and Ashley Irwin

Date: May 18, 2021

Original Source: MCNA

Industry News

MCNA letter regarding fairness and transparency on frozen mechanicals

Your Honors:

As a US-led coalition representing hundreds of thousands of songwriters and composers from across the United States and around the world, we are writing today to express our deep concerns over the “Notice of Settlement in Principle” recently filed by parties to the proceedings before the Copyright Royalty Board concerning its Determination of Royalty Rates and Terms for Making and Distributing Phonorecords (Phonorecords IV) (Docket No. 21–CRB–0001–PR<(2023–2027)). For reasons explained below, several highly conflicted parties to this proceeding have apparently agreed to propose a rolling forward to the year 2027 of the current US statutory mechanical royalty rate for the use of musical compositions in the manufacture and sale of physical phonorecords (such as CDs and vinyl records). This proposal (and related industry agreements yet to be disclosed by the parties should neither be acted upon nor accepted by the CRB without the opportunity for public comment, especially by members of the broad community of music creators for whom it is financially unfeasible to participate in these proceedings as interested parties.

Read More: https://www.musiccreatorsna.org/mcna-letter-regarding-fairness-and-transparency-on-frozen-mechanicals/