WASHINGTON, October 2, 2008 – Copyright royalty judges ruled today not to change the royalty rate paid to music publishers and songwriters for permanent digital downloads.
Jonathan Potter, Executive Director of the Digital Media Association, the trade group whose members include iTunes, Amazon.com, Best Buy and other online music stores, offered this statement:
“During this challenging time for the music industry and digital stores and services, we are pleased with the CRB’s decision to keep royalty rates stable for the next five years. Keeping rates where they are will help digital services and retailers continue to innovate and grow for the next several years, which will benefit songwriters, artists, labels and publishers.”
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