Nondramatic Musical Composition Rates Rise for U.S. Nonprofits
Th Copyright Royalty Board of the Library of Congress has announced a cost of living adjustment of 4.3 percent in the royalty rates paid by colleges, universities, or other nonprofit educational institutions that are not affiliated with National Public Radio for the use of copyrighted published nondramatic musical compositions in the BMI, ASCAP, and SESAC repertoires. The cost of living adjustmentis based on the change in the Consumer Price Index fromOctober 2004 to October 2005.
For further information, go tothe Copyright Royalty Board website at http://www.loc.gov/crb/fedreg/2005/70fr72077.html
For further information, go tothe Copyright Royalty Board website at http://www.loc.gov/crb/fedreg/2005/70fr72077.html
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