Friday, July 2, 2010

Appeals Court Upholds 24-Cent Ringtone Royalty for Songwriters

A federal appeals court last week upheld the Copyright Royalty Board's rate of 24 cents for songwriters on mobile phone ringtones, Law.com reported.

The Recording Industry Association of America (RIAA) had argued that songwriters should get a smaller slice of the pie - 15% of the wholesale revenue from ringtones, or 18 cents per ringtone sold.

The U.S. Court of Appeals for the D.C. Circuit also upheld the Copyright Royalty Board's new late fees on overdue royalty payments.