The Copyright Royalty Board on Friday (June 11) granted sound recording licensees a royalty rate increase for 2021-2025 for programmed song plays.
The Copyright Royalty Board on Friday granted sound recording licensees a royalty rate increase for 2021-2025 for programmed song plays. While slightly less than what SoundExchange and others had wanted, the Web V ruling ignored digital broadcasters’ petition for big rate decreases.
SoundExchange had been seeking a rate increase to $0.0031 for paid services and $0.0024 for ad-supported services. Meanwhile, Pandora wanted rates cut, respectively to $0.0011 and $0.0008, while the National Assn. of Broadcasters wanted both ad-supportedpaid services rates cut to $0.0016; and Google/YouTube wanted a floor rate of $0.0013, except programmed streams played on non-portable devices like a desktop computer would only pay $0.0007 per song play.
In another aspect of the ruling, the CRB said that 5% of the royalties collected would be applied to the ephemeral license, i.e. for copies created for facilitating a song's broadcast.The CRB also set a cost-of-living increase formula pegged to the consumer price index. Finally, it set a fee of $1,000 per year for non-commercial for each channel or station, and $0.0021 for all song transmissions in excess of 159,140 ATH per month.
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