To defend their members' income, three songwriting and publishing organizations 'National Music Publishers' Association, Inc., the Songwriters Guild Of America and the Nashville Songwriters Association International submitted a case to the Library Of Congress's Copyright Royalty Judges. In a letter to his organization's members, NMPA President and CEO David Israelite said, "This rate proceeding may be the most significant event for music publishers and songwriters in a generation. Mechanical rights comprise a significant part of the income stream for our industry. The NMPA is battling for rates that accurately reflect your contribution to the world of music. We are fighting on your behalf for fair compensation for your hard work." Whether increased or decreased, the Copyright Royalty Judges will introduce a new statutory rate effective January 1, 2008.[see full story for more] - Click here for the Full Story

Note: The preceding story contained only the highlights of the full story published by CMJ, if it was followed by a message to see the full story. To read the entire story click on the link following the story.

Additionally, if you wish to comment on this story, please use the Fan Speak area below.

Click here to return to the full Day in Rock report for 12/11/06