Copyright Royalty Board News, Issue 309

Copyright Royalty Board News logo

December 21, 2023

Issue 309

Copyright Royalty Judges Publish Cost of Living Adjustment to Royalty Rates for Phonorecords Statutory License

The Copyright Royalty Judges announce a cost of living adjustment (COLA) in the royalty rates for the statutory license for making and distributing phonorecords of nondramatic musical works regarding physical phonorecords and Permanent Downloads. These rates are applicable for the period beginning January 1, 2024, and ending December 31, 2024. For more information, click here.