The New Digital Music Mechanical Royalties Revealed

I thought I would share this article by Bobby Owsinski for my daily audiophile roundup. He wrote about how a brand new mechanical royalty rate has all but been agreed between the (RIAA), the (NMPA), and the (DiMA). The three associations are waiting for the new agreement to be verified by the US Copyright Royalty Board, which will compensate digital media creators and their representatives through the year 2017. The agreement will keep a status quo of paying royalties of 9 cents per song download and 24 cents per ringtone to the respective writers and publishers. The complex system insures that writers and publishers are being compensated fairly for years to come.

A good read for all music makers:
The New Digital Music Mechanical Royalties