Your English writing platform
Discover LudwigExact(5)
The bipartisan bill, called the Internet Radio Fairness Act, concerns the obscure legal standards under which a panel of federal judges determine royalty rates for digital radio.
We implement a creative real effort task simulating a sequential innovation process, whereby subjects determine royalty fees for their created products, which also serve as a measure of cooperation.
In a decision closely watched by the music industry, a panel of federal judges who determine royalty rates for recordings ruled on Thursday to renew the current royalty rate for CDs and other physical recordings, while setting rates for the first time for downloads, ring tones and other services.
Publishers, concerned about losing income as music sales decline, sought an increase of 66percentt for physical recordings and downloads, while the labels and retailers petitioned the judges to adopt a new model that would determine royalty payments as a percentage of wholesale revenue.
A recent ruling by the Copyright Royalty Board–a group of three federal judges who determine royalty rates for recorded music makes the business even more lucrative.
Similar(55)
But while the deal, which heads off a potentially nasty legal standoff, permits the recording companies to sell music over the Internet, the sides have still to determine royalties to be paid.
All licensees, whether they choose arbitration or litigation, must commit to honoring the independently determined royalty rate.
- a pre-cursor to the 3 judge panel that now determines royalty percentages for all music licensing - was used to help online broadcasters avoid having to pay billions in back royalties, which, had the labels gotten their way, would've immediately bankrupted the entire online streaming universe.
However, when Internet radio was developed several years later, the RIAA used the explicit threat of multiple lawsuits and the substantial power of its D.C. lobbying machine to force the small group of fledgling webcasters (all now defunct) to accept a completely different, highly discriminatory method for determining royalty rates that has wreaked havoc with the industry ever since.
His big message: That the same guidelines should be used to determine the royalty rates for all forms of radio.
Indeed, for a couple of decades prior to the advent of Internet radio, '801b' had been consistently relied upon to determine the royalty rate that licensees would have to pay for the reproduction and distribution of musical compositions -- and not once during those years did copyright owners attempt to replace the standard with a new "market-based" approach.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com