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An accompanying increase in royalties that nightclubs have to pay music publishers and songwriters, which are often owned by the same parent companies as the record labels, is expected to raise additional money.
Smarter heads within the music industry (and beyond) are starting to wonder whether the real problem is with online advertising itself: that if a big increase in YouTube streams only yields a tiny increase in royalties, perhaps that's a sign that as viewing rockets, even Google-backed YouTube is struggling to sell enough ads and keep the rates up.
The giants are holding out but the betting is that most will eventually sign.Thanks to a planned increase in royalties from 1% to 30%, and tax at 50% instead of 34%, the state will henceforth receive a minimum 82.5% of profits, according to Mr Ramírez.
Another option: raising royalty rates If he can't find new lands or waters to open to oil and gas production, the only other other alternative is to propose an increase in royalties and fees on existing oil and gas producing lands.
The National Music Publishers Associationn is demanding a 66percentt increase in royalties that its members receive whenever their music is purchased from online music stores.
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Samsung said Ericsson was asking for a substantial increase in royalty payments and vowed to fight.
The Imperial Tobacco Group, the European cigarette maker, bought the Davidoff cigarette trademark from Tchibo Holding for 540 million euros ($693 million), avoiding an increase in royalty payments.
But last year, the business of licensing publishing properties saw a 33percentt increase in royalty revenues to $40 million, according to a study by licensing industry association.
Angered by an increase in royalty rates scheduled for July and an expensive refurbishment plan, franchise owners, who run more than 90percentt of Burger King's restaurants, pressed for a separation from Diageo in April.
In one document submitted to the judges, an Apple executive threatened that a significant increase in royalty rates could force the company to shut down its iTunes music store, which has sold 5 billion songs since it opened five years ago but which operates with thin margins.
One would think that watching the accelerating increase in royalty payments would have given leaders at Motorola some idea of the tremendous growth of digital, but they chose to stay pat.
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