Apple Says No to Royalty Hike
From AppleInsider:
Acccording to Fortune, the Copyright Royalty Board (CRB) in Washington, D.C. is expected to rule Thursday on a proposal from the National Music Publishers’ Association to raise the rates paid to its members on songs purchased from digital services like iTunes from 9 cents to 15 cents a track.
Apple doesn’t want to end up eating the cost, and naturally, neither do the record labels. Two questions:
- Why are bands still signing crappy record contracts?
- How is this any of the government’s business?