Industry News

US Copyright Royalty Board rejects proposal to keep mechanical royalty on discs and downloads unchanged

The US Copyright Royalty Board has published a statement on its review of what royalty rate should be paid to songwriters and music publishers when discs and downloads are sold Stateside, concluding that a proposed settlement put forward by the major record companies and the National Music Publishers Association – which would have kept the current rate in force – is not a “reasonable basis” on which to set the rate for 2023 to 2027.

Read More: https://completemusicupdate.com/article/us-copyright-royalty-board-rejects-proposal-to-keep-mechanical-royalty-on-discs-and-downloads-unchanged/