Government Price Fixing Won’t Fix Music Business

The New York Times Bits Blog on the decision by the Copyright Royalty Board to impose a standard royalty rate on music sold as ring tones.

"... Until now, those rates were negotiated individually between ring tone sellers and the publishers.

The board set a rate of 24 cents, higher even than the publishers had asked for. This means that the government has basically endorsed the current pricing scheme that sets the value of ring tones at $2 to $3. "

Read full article.

emily | 4:59 PM | Copyright Protection |
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