Royalty Agreement

In an agreement that could pave the way for more varied ways of distributing digital music, three major music trade groups have filed an agreement that sets mechanical royalty rates and standards with an eye toward supporting “cutting-edge business models to help consumers access and enjoy music.”

The Recording Industry Association of America (RIAA), National Music Publishers Association (NMPA) and Digital Media Association (DiMA) are filing an industry-wide agreement that fully resolves the Copyright Royalty Board (CRB) Rate Proceeding under Section 115 of the Copyright Act.

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HITS Daily Double: News.

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