9.1 Cents Per Song for Another 5 Years

iTunes

iTunes

The Copyright board spoke yesterday and decided to leave the current royalty rates unchanged for CDs and music downloads at 9.1 cents per song.

Web radios will have to pay the same 9.1 cents per song streamed never exceeding 10.5% of its total revenues in order not to completely usurp a net broadcaster’s profits.

If the decision would have been to raise royalty fees to 15 or 16 cents per song as suggested, online music stores like iTunes and AmazonMP3 would have had to increase their prices as they would not have been profitable anymore.

BetaNews

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