Tag Archives: Amazon

New Royalty Rates for Digital Music

17 Apr

Google, Apple Inc., and Amazon reached an agreement last week with record industry representatives to set royalty payments for their cloud services.  Last year the companies started their cloud services  allowing users to access, purchase and store music from the Internet.  These services were not covered by the earlier royalty agreement.  The new proposal would create guidelines for five new types of services, including online “locker” services.

“If you purchase a cell phone and got song as a ringtone, if you pay for a subscription to an on-demand service such as Spotify, if you stream your own collection via a “locker” like Amazon’s Cloud Player or Apple’s iCloud, a new agreement between music industry officials, cell phone companies and digital streaming services will determine how much the copyright holders will make each time you press play.”

Once the proposal is approved by the Copyright Royalty Board, the new terms would go into effect in 2013, and expire in 2017.

To find out more, visit the NPR blog at this link.

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