Music Business Worldwide reports: “The important background information to this story is that since 2006, the mechanical rate paid to publishers/songwriters for music purchased on a physical disc (or a download) has been set at 9.1 cents per track. Today’s settlement proposes a 32% increase to that current royalty rate, to 12 cents per track.”
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Featured Top Slider Record Labels And Publishers Ink Major Settlement, Moving From 9.1 Cents to...