Copyright Royalty Board News, Issue 309
Library of Congress sent this bulletin at 12/21/2023 04:03 PM EST
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.
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