🎶Correction of Copyright Royalty Rates for Digital Services
Determination of Rates and Terms for Digital Performance of Sound Recordings by New Subscription Services and Making of Ephemeral Copies To Facilitate Those Performances (NSS V); Correction
Summary
On December 19, 2024, the Copyright Royalty Judges published for comment proposed regulations governing the rates and terms for the digital performances of sound recordings by new subscription services and for the making of ephemeral recordings necessary to facilitate those transmissions for the period commencing January 1, 2026, and ending on December 31, 2030. That document omitted certain parentheses in the rate adjustment formulas, leaving the parentheses in those formulas unbalanced. This document corrects those formulas.
Agencies
- Library of Congress
- Copyright Royalty Board
Business Impact
$$$ - High
The proposed rule involves adjustments to rates and terms for digital performances, directly impacting subscription services. Businesses in this sector must comply with the corrected formulas or risk financial penalties.