Labels Deny Collusion in Physical Royalty Negotiations
In short
The US Copyright Royalty Board is reviewing what mechanical royalties songwriters and publishers should receive from 2028.
Major record labels are asserting that there is no evidence of misconduct or conflict of interest in their negotiations with major publishers regarding physical music formats. These discussions are occurring as the US Copyright Royalty Board reviews mechanical royalty rates applicable from 2028. The labels, responsible for paying these mechanical royalties on physical records, are emphasizing their independent stance.
The core issue involves the rates songwriters and publishers will receive for physical sales in the coming years. Major labels are keen to counter any suggestions of collusion aimed at suppressing these rates. Originally reported by Complete Music Update.