- The RIAA, National Music Publishers Association and Digital Media Association have reached an agreement regarding royalty rates for digital music services and emerging media.
- “Some of the new rates address music bundled with other goods, such as Internet-service plans, cellphones and vinyl records, which are sometimes sold with codes that allow downloading of MP3 versions of the music,” reports the Wall Street Journal.
- The proposal would call for the creation of new guidelines for five new types of services, including online locker offerings such as Amazon’s Cloud Drive and Apple’s iTune Match.
- Rates were previously established for three types of delivery: physical sales, digital downloads, and on-demand music services.
- Expanding the number of categories “reflects our mission to make it easier for digital music services to launch cutting-edge business models and streamline the licensing process,” said Cary Sherman, who heads the RIAA.
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