The CRB named its rate for total content cost last week, siding with streaming services.
Last week, the Copyright Royalty Board publicly issued a new order in the proceedings of Phonorecords III, which dictates how mechanical streaming royalties are paid out to songwriters and publishers in the U.S. for the period of 2018-2022.
The dispute over the headline rate dragged until July 2022, when it settled on a rate that ascended each year up to 15.1% by 2022 once again. Cementing this was widely considered to be a win for the music publishing business. This step creates the first all-in music publishing pool, which contains both mechanical and performance royalties. Since most services reverted to the prior five year period rate of 10.
In the July 2022 determination of the headline rate, the TCC was still unclear, but importantly, it did reinstate the ceiling mechanism which effectively puts a cap on the TCC; and now it also establishes the TCC percentage too.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ed Sheeran sings, plays guitar mashup of Marvin Gaye song at New York City copyright trialEd Sheeran played picked up his guitar and performed a mash-up of his songs and Marvin Gaye's as he tried to demonstrate how common the four-chord progression is for his hit 'Thinking Out Loud.'
Leer más »
This Detail During the Coronation Marks a First for Modern RoyaltyWill Camilla Wear a Crown at the Coronation?
Leer más »
Ed Sheeran sings, plays guitar mashup of Marvin Gaye song at New York City copyright trialEd Sheeran played picked up his guitar and performed a mash-up of his songs and Marvin Gaye's as he tried to demonstrate how common the four-chord progression is for his hit 'Thinking Out Loud.'
Leer más »
Ed Sheeran sings, plays guitar mashup of Marvin Gaye song at New York City copyright trialEd Sheeran played picked up his guitar and performed a mash-up of his songs and Marvin Gaye's as he tried to demonstrate how common the four-chord progression is for his hit 'Thinking Out Loud.'
Leer más »
Ed Sheeran says allegations in copyright infringement trial are 'really insulting' | CNN BusinessMusician Ed Sheeran appeared visibly frustrated on the stand Monday as he continued his testimony in the second week of his copyright infringement case about whether his smash single 'Thinking Out Loud' copied the classic Marvin Gaye song 'Let's Get It On.'
Leer más »
Ed Sheeran Calls Expert Witness’ Testimony ‘Criminal’ in ‘Thinking Out Loud’ Copyright TrialEd Sheeran says he couldn’t believe that somebody would listen to one of his songs and then “diminish it by saying I stole it.”
Leer más »