The Copyright Royalty Judges are starting a process to adjust the fees for cable companies who want to retransmit TV and radio broadcasts, as outlined in the Copyright Act. This process involves a specific license that allows for such retransmissions, and cable companies have to pay royalties based on the money they make from subscribers. The new rates need to be adjusted every five years, and since no one requested a change for 2025 yet, the Judges are required to announce this process and are asking interested parties to submit their requests to participate by January 27, 2025, using an online form and paying a fee.
Simple Explanation
The Copyright Royalty Judges are planning to change the rules for how much money cable companies have to pay to show TV shows and radio programs, and they are asking people who are interested to tell them by the end of January.