January 17, 2008

SoundExchange Finds Little Love on Satellite Appeal

The US Copyright Royalty Board (CRB) recently denied an appeal by SoundExchange to reconsider satellite royalty rates. SoundExchange, which represents recording industry interests, initially expressed dissatisfaction with a ruling delivered in early December of last year. That decision set recorded royalty rates at 6 percent of gross revenues, a level that ramps to 6.5 percent by 2009, and 7.5 percent by 2010. Part of the disagreement stemmed from the methods used for calculating applicable gross revenues, though the Board refused to retune. (Digital Music News)