The Australian Copyright Tribunal has set a new royalty rate for music and music video downloads, which seems set to disappoint publishers. Collecting societies APRA and AMCOS had been arguing for a royalty rate of 12% on the retail price of downloads, but the Tribunal has set it at 9% for music downloads and 8% for music videos. Subscription services aren’t included in the former. The publisher bodies have yet to give their reactions to the news, says Billboard.
Tools: platforms to help you reach new audiences
Tools :: Wyng
Through Music Ally’s internal marketing campaign tracking, we’ve recently discovered an interesting website by the…