Copyright Royalty Board News, Issue 187
Library of Congress sent this bulletin at 01/29/2018 08:27 AM ESTJanuary 29, 2018
Issue 187
JUDGES ANNOUNCE ROYALTY RATES AND TERMS FOR THE USE OF MUSICAL WORKS IN THE MAKING AND DISTRIBUTING OF PHONORECORDS
The Copyright Royalty Judges issued their Initial Determination of Royalty Rates and Terms for the use of musical works in the making and distributing of phonorecords on January 26, 2018. The Judges have determined that for the period 2018 through 2022, licensees shall pay royalties under section 115 of the Copyright Act in whichever is the greater amount of:
In 2018, 11.4 percent of revenue or 22.0 percent of total content cost
In 2019, 12.3 percent of revenue or 23.1 percent of total content cost
In 2020, 13.3 percent of revenue or 24.1 percent of total content cost
In 2021, 14.2 percent of revenue or 25.2 percent of total content cost
In 2022, 15.1 percent of revenue or 26.2 percent of total content cost
The text of the Initial Determination is RESTRICTED to participants bound by the Judges’ Protective Order. After appropriate redaction of sensitive, confidential information, the Judges will disseminate and post a PUBLIC version of the Initial Determination and the final regulations.
Publication of a Final Determination will occur in due course after the Register of Copyrights completes a statutory review and the Librarian of Congress approves the Final Determination. For more details, click here.
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