First Royalty Rates Set for Digital Music - 9.1 cents

[Music Calgary]

 

In a decision closely watched by the music industry, a panel of federal judges who determine royalty rates for recordings ruled on Thursday to renew the current royalty rate for CDs and other physical recordings, while setting rates for the first time for downloads, ring tones and other services.   The ruling by the Copyright Royalty Board

[philbo]

Now if the music industry could just get royalties from radio play... That's a huge bucket of money they've ignored for many decades.

[BlueStrat]

 

Now if the music industry could just get royalties from radio play... That's a huge bucket of money they've ignored for many decades.

 

 

Royalties aren't paid to "the industry". They're paid to the songwriters and publishers of the music (often the same people).

[Billster]

 

The judges also set for the first time a mechanical royalty rate for master tones, ring tones made from a snippet of music from a full recording. That rate is 24 cents. Until now, copyright holders had negotiated royalty payments with users.

 

 

Let me get this straight. A whole song is 9.1 cents, but a little ring tone snippet is 24 cents? WHAT?

[Music Calgary]

Ring tones have been a HUGE cash cow in recent years for certain entertainers, should be interesting to see how that evolves.

[Jotown]

 

Royalties aren't paid to "the industry". They're paid to the songwriters and publishers of the music (often the same people).

+1

 

Every song you hear on the radio is logged by the station and they pay a royalty that is collected and then distributed to the publishers by BMI and ASCAP.