The RIAA is asking the Copyright Royalty Board to cut “mechanicals” – the per-copy royalty paid to publishers and songwriters^[1] when a CD is sold or a song is downloaded – from the present 9¢ per song (about 13%) to “8% of wholesale revenue.” Meanwhile, the Digital Media Association wants the rate set at... 4%.

But remember, kiddies, it's all about the “creators” of music. Just keep telling youself that.


Via: Slashdot
-----
^[1] of which the songwriter gets about half.

Posted by: Old Grouch in Linkage at 20:01:54 GMT | No Comments | Add Comment
Post contains 86 words, total size 1 kb.