Copyright Royalty Board News, Issue 307
Library of Congress sent this bulletin at 12/01/2023 03:07 PM ESTDecember 1, 2023
Issue 307
Copyright Royalty Judges Announce Cost of Living Adjustment to Royalty Rates for Webcaster Statutory License
The Copyright Royalty Judges announce a cost of living adjustment (COLA) in the royalty rates that commercial and noncommercial noninteractive webcasters pay for eligible transmissions pursuant to the statutory licenses for the public performance of and for the making of ephemeral reproductions of sound recordings. These rates are applicable for the period beginning January 1, 2024, and ending December 31, 2024. For more information, click here.
Copyright Royalty Judges Announce Cost of Living Adjustment to Satellite Carrier Compulsory License Royalty Rates
The Copyright Royalty Judges announce a cost of living adjustment (COLA) of 3.2 percent in the royalty rates satellite carriers pay for a compulsory license under the Copyright Act. The COLA is based on the change in the Consumer Price Index from October 2022 to October 2023. These rates are applicable for the period beginning January 1, 2024, and ending December 31, 2024. For more information, click here.
Copyright Royalty Judges Announce Cost of Living Adjustment to Public Broadcasters Compulsory License Royalty Rate
The Copyright Royalty Judges announce a cost of living adjustment (COLA) to the royalty rate that noncommercial radio stations at certain colleges, universities, and other educational institutions that are not affiliated with National Public Radio must pay for the use in 2024 of published nondramatic musical compositions in the SESAC and GMR repertories pursuant to the statutory license under the Copyright Act for noncommercial broadcasting. This rate is applicable for the period beginning January 1, 2024, and ending December 31, 2024. For more information, click here.
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