The Copyright Royalty Board is correcting a proposed rule initially published on December 19, 2024, which concerns digital performance rates and ephemeral recordings for new subscription services from 2026 to 2030. The original document had a mistake in the rate adjustment formulas because it missed some parentheses, making the equations incorrect. This new document fixes those formulas. Comments on the proposed rule can be submitted online until March 12, 2025, using the Copyright Royalty Board's electronic filing system.
Simple Explanation
The Copyright Royalty Board wants to make sure music services that play songs online know how much to pay and for how long, but they accidentally messed up the math in their rules and needed to fix it. They are now asking people to give their thoughts on these rules until March 2025.