Copyright Royalty Board Outlines Initial Royalty Rates for Music
All-in royalty rates for licensing of musical works for all service offerings between 2018 and 2022 could range from 11.4 percent to 15.1 percent of revenue and 22 percent to 26.2 percent of total content cost, said the Copyright Royalty…
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Board in a redacted initial determination for the rates released Monday. The initial determination is subject to statutory review by the acting register of copyrights, according to the announcement, and the final determination will be released after the judges rule on motions for rehearing, the acting register of copyrights completes a review and the librarian of Congress approves the final document. An "all-in" rate is inclusive of the producer royalty, meaning the record company can limit royalty exposure by capping the artist royalty rate, according to a blog by industry lawyer Chris Castle.