Industry Responds to Proposed Increase of Songwriter Royalties
The Copyright Royalty Board (CRB) released a ruling to increase mechanical royalties for songwriters by 32 percent, from 9.1 cents to 12 cents per track in the form of physical products (CDs, vinyl, cassettes) downloads (streaming, downloads), ringtones, and music bundles. Though the CRB still needs to approve the proposed new rate, major label members of the … Continue reading Industry Responds to Proposed Increase of Songwriter Royalties
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