RIAA Wants Songwriter Royalty Lowered

NewYorkCountryLawyer writes "Lest there be anyone left who believes the RIAA's propaganda that its litigation campaign is intended to benefit the 'creators' of the music, Hollywood Reporter reports that the RIAA is asking the Copyright Royalty Board to lower songwriter royalties on song file downloads, from the present rate of 9 cents per song — about 13% of the wholesale price — down to 8% of wholesale. Meanwhile, the big digital music companies, such as Apple, want the royalty rate lowered even more, to something like 4% of wholesale. So any representations by any of these companies that they are concerned for the 'creators' of the music must henceforth be taken with a boxcar-load of salt."

Comments

You're assuming...

[NixieBunny]

that anyone had any doubt that the RIAA were anything but money-grubbing middlemen.

Re:You're assuming...

[The Mighty Buzzard]

You passed up a chance to use a recursive acronym (RIAA is Against Artists) in a /. post? Are you feeling OK?

Record Companies Victimized

[flaming error]

music publisher catalogs have increased in value due to steadily rising mechanical royalty rates and alternative revenue streams made possible, but not enjoyed, by record companies. Those dastardly songwriters have too long been taking unfair advantage of the RIAA's clients. They take a whopping 8% of royalties just for creating the product!

Now the record companies, who created the internet and invented downloading music and streaming audio, have seen their take of the pie stay the same, whilst freeloading music creators are actually making more.

I shall write to Orrin Hatch about this...

RIAA bad, Apple...

[martinX]

Now the RIAA is a bunch of money grubbing pricks, but I can't believe Apple would have anything to do with ... HEY LOOK! OMG! New AirBooks are OUT!!!

Re:Yet another reason for artists to go it alone

[Foobar of Borg]

And yet the RIAA is still chugging along.

To use a car metaphor, it's like that car you got from your parents on your 16th birthday. It keeps getting worse and worse, but keeps chugging along and won't actually die. You're 21 years old and in college, so you can't buy your own car and your parents won't get you another one unless the one you have dies. And it's so shitty, you can leave the keys in the ignition, the door wide open, and a sign on it that says "free car", but no one will steal it. And it *just* *won't* *die*.

That's the RIAA.

Re:There goes the argument....

[mfnickster]

No, that'd be the Kosher Nostra!