U.S. Copyright Board blinks
From the Associated Press
LOS ANGELES (AP) -- The federal Copyright Royalty Board on Thursday left the royalty that songwriters receive on sales of CDs and digital downloads at 9.1 cents per song for the next five years.
Both songwriters and music sellers applauded the ruling -- but for different reasons. Apple Inc., which had threatened to shutter its iTunes store if the rate increased, appeared to have scored a clear win.
Now, here's hoping that artists and music publishers stop and think about what they're doing before they try and kill the golden goose again.
